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...

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מידע ביבליוגרפי
מחבר ראשי: Laeven, Luc
מחברים אחרים: Valencia, Fabian
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 2008.
סדרה:IMF Working Papers; Working Paper ; No. 2008/250
גישה מקוונת:Full text available on IMF