A Behavioral Model of Demandable Deposits and its Implications for Financial Regulation
收藏NBER2010-12-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w16620
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资源简介：
A model is developed which rationalizes contracts that give depositors the right to obtain funds on demand even when depositors intend to use these funds for consumption in the future. This is explained by depositor overoptimism regarding their own ability to collect funds in a run. Capitalized
提供机构：
美国国家经济研究局
创建时间：
2010-12-01
