Bank Runs in Open Economies and The International Transmission of Panics
收藏NBER1988-11-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w2764
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资源简介：
In this paper, we extend the bank run literature to an open economy model. We show that a foreign banking system, by raising deposit rates in the presence of a domestic banking panic, may generate sufficient liquid resources to acquire assets sold by the domestic banking system at bargain prices. In
提供机构：
美国国家经济研究局
创建时间：
1988-11-01
