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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书目详细资料
主要作者: Perraudin, W.
其他作者: Fries, Steven
格式: 杂志
语言:English
出版: Washington, D.C. : International Monetary Fund, 1991.
丛编:IMF Working Papers; Working Paper ; No. 1991/131
在线阅读:Full text available on IMF