Title: On the nature of fundamental-based and panic-based bank runs : an analysis of the origins of bank runs
Authors : Plaschnick, Björn
Advisors / Reviewers : Eckwert, Bernhard
Extent : 176
Publisher / Ed. Institution : Verlag Dr. Kovac
Publisher / Ed. Institution: Hamburg
Issue Date: 2010
License (according to publishing contract) : Licence according to publishing contract
Series : Schriftenreihe volkswirtschaftliche Forschungsergebnisse
Series volume: 160
Language : English
Subject (DDC) : 332.1: Banks
Abstract: In the last decades, bank runs appeared to be a relic of the past. The run incidents during the recent global financial crisis have however shown that the threat of bank runs has not vanished and still represents a severe problem for the stability and performance of modern economies' banking systems. The causes of bank runs and their economic consequences are the subject of this book. A theoretical model of an economy's banking sector is developed in which bank runs occur due to bad news about future investment returns of banks as well as due to a panic behaviour of depositors, i.e. fears of massive withdrawals by the other depositors. The determinants for the emergence of runs are examined. Furthermore, the economic consequences of bank runs, as well as the effects of measures for their prevention are analyzed.
Departement: School of Management and Law
Organisational Unit: Center for Economic Policy (FWP)
Publication type: Doctoral Thesis
ISBN: 978-3-8300-4955-5
URI: https://digitalcollection.zhaw.ch/handle/11475/8649
Appears in Collections:Publikationen School of Management and Law

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