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...

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Библиографические подробности
Главный автор: Enoch, Charles
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 1997.
Серии:IMF Working Papers; Working Paper ; No. 1997/138
Online-ссылка:Full text available on IMF