Crisis in Competitive Versus Monopolistic Banking Systems /

We study a monetary, general equilibrium economy in which banks exist because they provide intertemporal insurance to risk-averse depositors. A "banking crisis" is defined as a case in which banks exhaust their reserve assets. Under different model specifications, the banking industry is e...

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Bibliografski detalji
Glavni autor: Smith, Bruce
Daljnji autori: Boyd, John, De Nicolo, Gianni
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2003.
Serija:IMF Working Papers; Working Paper ; No. 2003/188
Online pristup:Full text available on IMF