The Use of Blanket Guarantees in Banking Crises

In episodes of significant banking distress or perceived systemic risk to the financial system, policymakers have often opted for issuing blanket guarantees on bank liabilities to stop or avoid widespread bank runs. In theory, blanket guarantees can prevent bank runs if they are credible. However, g...

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Bibliographische Detailangaben

Hauptverfasser:	Laeven, Luc, Valencia, Fabian
Format:	Buch
Sprache:	eng
Schlagworte:	Bank Credit Bank failures Banking Crisis Blanket Guarantee Crisis Resolution Deposit insurance Financial crises Financial Systems Liquidity Loan Guarantees Moral Hazard Risk Management
Online-Zugang:	Volltext
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