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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Detaylı Bibliyografya
Yazar: Laeven, Luc
Diğer Yazarlar: Valencia, Fabian
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 2008.
Seri Bilgileri:IMF Working Papers; Working Paper ; No. 2008/250
Online Erişim:Full text available on IMF