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- W2393868695 abstract "Financial system can be divided into market-oriented system and bank-dominated system.The banks provide liquidity and manage payment system.Bank stability is important to financial stability and economic development.Traditional theory of bank stability can't explain recent bank crisis events.This paper constructs a simple framework closely related to Diamond(1997) to analyze bank run contagion between two regions under different financial system.It shows that the possibility of bank runs is high under the moderately bank-dominated(or hybrid) financial system." @default.
- W2393868695 created "2016-06-24" @default.
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- W2393868695 date "2008-01-01" @default.
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- W2393868695 title "Analyze of Bank Run Contagion under Different Financial System" @default.
- W2393868695 hasPublicationYear "2008" @default.
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