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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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2004.
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Series: | IMF Working Papers; Working Paper ;
No. 2004/235 |
Online Access: | Full text available on IMF |