The price of inconvertible deposits : the stock market boom during the Argentine crisis / Neeltje Van Horen, Eduardo Levy Yeyati, and Sergio Schmukler.
The Argentine crisis witnessed, among other things, a deposit run, the suspension of deposit convertibility, and a "boom" in the stock market. The authors argue that this boom reflects the cost that depositors were willing to incur to get their money out of the banking system, in light of...
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Format: | Electronic eBook |
Language: | English |
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Washington, D.C. :
World Bank,
[2003]
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Series: | Policy research working papers (Online) ;
3146. |
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Internet
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HG3881.5.W57
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HG3881.5.W57 | Available |