Transparency and Ambiguity in Central Bank Safety Net Operations /

To mitigate the risks of contagion from problems arising in the banking sector, many countries operate some form of banking sector safety net. Such safety nets generally involve a judicious mixture of transparency and ambiguity. This ambiguity may be important to counter moral hazard effects but may...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Enoch, Charles
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 1997.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 1997/138
Online Zugang:Full text available on IMF