Essays on banking and foreign exchange market instability
Financial intermediation has been associated with several risks. We study sunspot panics, information-based bank runs, contagion, uncertainty about consumption time preference, twin crises and a number of policies attempting to resolve these issues. We offer a basic model where sunspot panics and i...
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| Format: | Thesis (University of Nottingham only) |
| Language: | English |
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2003
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| Online Access: | https://eprints.nottingham.ac.uk/11562/ |