Exogenous Shocks, Deposit Runs and Bank Soundness : A Macroeconomic Framework /
In a model where all banks are initially solvent, an exogenous shock affects confidence, causing a flight from deposits into domestic and foreign currency. Real interest rates increase unexpectedly, affecting firms and raising the share of the banks' nonperforming assets. This increase causes g...
| Príomhchruthaitheoir: | |
|---|---|
| Formáid: | IRIS |
| Teanga: | English |
| Foilsithe / Cruthaithe: |
Washington, D.C. :
International Monetary Fund,
1997.
|
| Sraith: | IMF Working Papers; Working Paper ;
No. 1997/091 |
| Rochtain ar líne: | Full text available on IMF |