Reserve Requirements, the Maturity Structure of Debt, and Bank Runs /

The paper looks at the relationship between reserve requirements and the choice of the maturity structure of external debt in a general equilibrium setup, by incorporating the role of international lenders. A date- and maturity-specific reserve requirement is a fraction of the debt to be deposited i...

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Автор: Al-Zein, Eza Ghassan
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2008.
Серія:IMF Working Papers; Working Paper ; No. 2008/108
Онлайн доступ:Full text available on IMF