The Use of Blanket Guarantees in Banking Crises /

In episodes of significant banking distress or perceived systemic risk to the financial system, policymakers have often opted for issuing blanket guarantees on bank liabilities to stop or avoid widespread bank runs. In theory, blanket guarantees can prevent bank runs if they are credible. However, g...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Laeven, Luc
Awduron Eraill: Valencia, Fabian
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2008.
Cyfres:IMF Working Papers; Working Paper ; No. 2008/250
Mynediad Ar-lein:Full text available on IMF