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...
Autor principal: | |
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Formato: | Periódico |
Idioma: | English |
Publicado em: |
Washington, D.C. :
International Monetary Fund,
1997.
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Colecção: | IMF Working Papers; Working Paper ;
No. 1997/138 |
Acesso em linha: | Full text available on IMF |