Economic growth, liquidity, and bank runs

We examine the growth implications of bank runs. To do so, we construct an endogenous growth model in which bank runs occur with positive probability in equilibrium. In this setting, a bank run has a permanent effect on the capital stock and on the level of output. In addition, the possibility of a...

Descripción completa

Guardado en:
Detalles Bibliográficos
Autores principales: Ennis, Huberto María, Keister, Todd
Formato: Objeto de conferencia
Lenguaje:Inglés
Publicado: 2002
Materias:
Acceso en línea:http://sedici.unlp.edu.ar/handle/10915/3785
http://www.depeco.econo.unlp.edu.ar/jemi/2002/trabajo5.pdf
Aporte de:

Ejemplares similares