Banking Policy and the Pricing of Deposit Guarantees : A New Approach /

This paper describes a new approach to pricing government deposit guarantees that uses techniques of stochastic process switching employed in the recent literature on exchange rate determination. Our model avoids inconsistent assumptions about the information available to investors and the governmen...

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Bibliografske podrobnosti
Glavni avtor: Perraudin, W.
Drugi avtorji: Fries, Steven
Format: Revija
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 1991.
Serija:IMF Working Papers; Working Paper ; No. 1991/131
Online dostop:Full text available on IMF