Bank runs and currency run in a system without a safety net: Argentina and the `tequila' shock
In: Journal of Monetary Economics, Band 46, Heft 1, S. 257-277
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In: Journal of Monetary Economics, Band 46, Heft 1, S. 257-277
In: IMF Working Papers
This paper investigates the role of creditor rights and information sharing in explaining why some financial markets in sub-Saharan Africa have remained shallow. The paper finds that while financial liberalization and macroeconomic stability promote financial deepening, they are not enough. For countries with similar financial liberalization efforts, those with stronger legal institutions and information sharing have deeper financial development. This result is consistent with a growing body of research for other regions of the world. The main policy implications are that (1) creditor rights l
In: IMF Working Papers, S. 1-49
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In: IMF Working Papers, S. 1-25
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In: IMF Working Paper, S. 1-25
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Working paper
In: IMF Working Paper, S. 1-18
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In: IMF Working Paper No. 13/64
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In: IMF Working Papers, S. 1-30
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In: IMF Working Paper, S. 1-50
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In: IMF Working Papers, S. 1-0
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In: IMF Working Paper No. NO.12/23
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In: IMF Working Paper, S. 1-36
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