Franklin

Aftermath of Banking Crises [electronic resource] : Effectson Real and Monetary Variables, Gupta, Poonam.

Author/Creator:
Gupta, Poonam.
Publication:
Washington, D.C. : International Monetary Fund, 2000.
Series:
IMF eLibrary
IMF Working Papers; Working Paper No. 00/96.
IMF Working Papers; Working Paper No. 00/96
Format/Description:
Government document
Book
1 online resource (25 p.)
Local subjects:
Balance of payments crisis.
Bank asset.
Bank credit.
Bank crises.
Bank debt.
Bank defaults.
Bank insolvencies.
Bank insolvency.
Bank lending.
Bank panics.
Bank regulation.
Bank run.
Bank runs.
Bank soundness.
Bank takes.
Bank-firm relationships.
Banking.
Banking crises.
Banking crisis.
Banking distress.
Banking industry.
Banking panic.
Banking panics.
Banking sector.
Banking sectors.
Banking system.
Capital mobility.
Causes of banking crises.
Credit boom.
Cross country experience.
Currency crises.
Currency crisis.
Deposit guarantee.
Deposit guarantees.
Deposit insurance.
Disintermediation.
Economic models.
Financial crises.
Financial crisis.
Financial liberalization.
Minimum reserve requirement.
Monetary authority.
Payments crisis.
Pre-crisis.
Reserve ratio.
Reserve requirement.
Mexico.
United States.
Summary:
In this paper a simple optimizing model is developed to analyze the implications of a banking crisis. Banks are incorporated by assuming that they intermediate funds between firms and households. It is shown that when depositors perceive the quality of deposits to have deteriorated, they switch from deposits to cash. Because of the higher cost of liquidity, consumption, M2 and the M2 multiplier decline, interest rates on deposits and loans increase and output contracts. The findings of the paper match the key stylized facts of banking crises.
Notes:
Description based on print version record.
Contributor:
Gupta, Poonam.
Other format:
Print Version:
ISBN:
1451851901:
9781451851908
ISSN:
1018-5941
Publisher Number:
10.5089/9781451851908.001
Access Restriction:
Restricted for use by site license.
Location Notes Your Loan Policy
Description Status Barcode Your Loan Policy