Managing Confidence in Emerging Market Bank Runs /

In a rational-expectations framework, we model depositors' confidence as a function of the probability of future bank bailouts. We analyze the effect of alternative bank bailout policies on depositors' confidence in an emerging market setting, where liquidity shortages of banks are reveale...

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Bibliographic Details
Main Author: Mody, Ashoka
Other Authors: Kim, Se-Jik
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2004.
Series:IMF Working Papers; Working Paper ; No. 2004/235
Online Access:Full text available on IMF