Bank Runs, Deposit Insurance, and Liquidity

DOI10.1086/261155zbMath1341.91135OpenAlexW2157509893WikidataQ55878996 ScholiaQ55878996MaRDI QIDQ3178606

Publication date: 14 July 2016

Published in: Journal of Political Economy (Search for Journal in Brave)

Full work available at URL: http://minneapolisfed.org/research/qr/qr2412.html

Mathematics Subject Classification ID

Special types of economic equilibria (91B52) Macroeconomic theory (monetary models, models of taxation) (91B64) Microeconomic theory (price theory and economic markets) (91B24) Actuarial science and mathematical finance (91G99)

Related Items (only showing first 100 items - show all)

Uncertain liquidity and interbank contracting ⋮ Inefficient liquidity provision ⋮ On the instability of private intertemporal liquidity provision ⋮ Transition probability, dynamic regimes, and the critical point of financial crisis ⋮ Real option value and poverty trap ⋮ Scarce collateral, the term premium, and quantitative easing ⋮ A theory of intermediated investment with hyperbolic discounting investors ⋮ Government guarantees and financial stability ⋮ Financial fragility and over-the-counter markets ⋮ Payment instruments and collateral in the interbank payment system ⋮ To bail-out or to bail-in? Answers from an agent-based model ⋮ Monetary policy and risk taking ⋮ Banks and liquidity crises in emerging market economies ⋮ Demand deposit contracts, suspension of convertibility, and optimal financial intermediation ⋮ Asset-return anomalies in a monetary economy ⋮ Variety expansion, preference shocks, and financial intermediaries ⋮ Run equilibria in the Green-Lin model of financial intermediation ⋮ A finite model of riding bubbles ⋮ Liaisons dangereuses: increasing connectivity, risk sharing, and systemic risk ⋮ Imperfect interbank markets and the lender of last resort ⋮ Enriching information to prevent bank runs ⋮ Endogenous growth theory ⋮ Financial markets in development, and the development of financial markets ⋮ A uniqueness proof for monetary steady state ⋮ Controlling for the use of extreme weights in bank efficiency assessments during the financial crisis ⋮ Money, banking, and capital formation ⋮ General equilibrium with endogenous uncertainty and default ⋮ Optimal payments to connected depositors in turbulent times: a Markov chain approach ⋮ On the relationship between market power and bank risk taking ⋮ The tale of two great crises ⋮ Interest rates and financial fragility ⋮ The shadow costs of repos and bank liability structure ⋮ Comments on ``Keynesian economics without the Phillips curve by R. E. A. Farmer and G. Nicolò ⋮ A dynamic network model of the unsecured interbank lending market ⋮ Deposit insurance and regulation in a Diamond-Dybvig banking model with a risky technology ⋮ Why clashes between internal and external stability goals end in currency crises ⋮ Incentive monotonicity and equilibrium selection in \(2\times 2\) matrix games ⋮ International financial contagion and the fund-A theoretical framework ⋮ Sunspot bank runs in competitive versus monopolistic banking systems ⋮ Deposit contract design with relatively partially honest agents ⋮ Savings and default ⋮ When are banks better than markets? Comment on Zimper (2013) ⋮ Banks versus markets. A response to Kucinskas ⋮ On run-preventing contract design ⋮ Does information transparency decrease coordination failure? ⋮ Mean field games of timing and models for bank runs ⋮ Testing for mutually exciting jumps and financial flights in high frequency data ⋮ Information acquisition in global games of regime change ⋮ Banking bubbles and financial crises ⋮ The macroeconomics of Modigliani-Miller ⋮ Understanding liquidity shortages during severe economic downturns ⋮ Information quality and crises in regime-change games ⋮ Equilibrium analysis, banking and financial instability. ⋮ Herding and bank runs ⋮ Uniqueness and stability of equilibrium in economies with two goods ⋮ The effects of herding and word of mouth in a two-period advertising signaling model ⋮ A bank runs model with a continuum of types ⋮ Identifying systemically important financial institutions: a network approach ⋮ Equilibrium asset pricing with systemic risk ⋮ Conditions for equivalence between sequentiality and subgame perfection ⋮ Crises and liquidity in over-the-counter markets ⋮ Hoarding international reserves versus a pigovian tax-cum-subsidy scheme: reflections on the deleveraging crisis of 2008--2009, and a cost benefit analysis ⋮ Coordination cycles ⋮ A hierarchical agency model of deposit insurance ⋮ Run theorems for low returns and large banks ⋮ IMF's assistance: Devil's kiss or guardian angel? ⋮ Runs, panics and bubbles: Diamond-Dybvig and Morris-Shin reconsidered ⋮ On the computational complexity of measuring global stability of banking networks ⋮ Measuring network systemic risk contributions: a leave-one-out approach ⋮ The social value of risk-free government debt ⋮ Banks, markets, and efficiency ⋮ An experiment on the efficiency of bilateral exchange under incomplete markets ⋮ Funding liquidity, debt tenor structure, and creditor's belief: an exogenous dynamic debt run model ⋮ Editorial: Introduction to international financial markets and banking systems crises ⋮ Banking and sovereign debt crises in a monetary union without central bank intervention ⋮ Introduction to monetary and macro economics ⋮ Bank incentives, contract design and bank runs ⋮ Global dynamics in macroeconomics: An overlapping generations example ⋮ Experiments with network formation ⋮ Banking competition and welfare ⋮ Heavy tails of OLS ⋮ A welfare analysis of the Diamond-Dybvig model ⋮ Information-constrained optima with retrading: an externality and its market-based solution ⋮ Optimal monetary rules under persistent shocks ⋮ Search and the market for ideas ⋮ Bank valuation and its connections with the subprime mortgage crisis and basel II capital accord ⋮ Network models and financial stability ⋮ An expository note on individual risk without aggregate uncertainty ⋮ Limits to international banking consolidation ⋮ Financial fragility and the exchange rate regime ⋮ The optimal quantity of money and partially-liquid assets ⋮ Does deposit insurance stimulate capital inflows? ⋮ A theory of hyperfinite processes: The complete removal of individual uncertainty via exact LLN ⋮ Truthful revelation in the Diamond and Dybvig banking environment ⋮ Introduction to the symposium on bubbles, multiple equilibria, and economic activities ⋮ Optimal banking contracts and financial fragility ⋮ Deposit insurance and bank liquidation without commitment: can we sleep well? ⋮ Chaotic banking crises and regulations ⋮ Financial intermediary-coalitions ⋮ Strategic complements and substitutes, and potential games

This page was built for publication: Bank Runs, Deposit Insurance, and Liquidity