The Price of Inconvertible Deposits : The Stock Market Boom during the Argentine Crisis

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...

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Bibliographic Details
Main Authors: Levy Yeyati, Eduardo, Schmukler, Sergio L., Van Horen, Neeltje
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
WTO
Online Access:http://hdl.handle.net/10986/18037