Showing 1 - 3 of 3
Persistent link: https://www.econbiz.de/10011448471
The literature on bank runs reduces all coordination mechanisms triggering attacks on banks to exogenous realizations derived from either fundamental or sunspot variables. We present a general equilibrium version of these models where the state uncertainty faced by depositors is modeled...
Persistent link: https://www.econbiz.de/10013101212
The literature on bank runs reduces all coordination mechanisms triggering attacks on banks to exogenous realizations derived from either fundamental or sunspot variables. We present a general equilibrium version of these models where the state uncertainty faced by depositors is modeled...
Persistent link: https://www.econbiz.de/10013101213