Monetary Impact of a Banking Crisis and the Conduct of Monetary Policy »
Journal Issue
Volume/Issue: 1997/124
Series: IMF Working Papers
Author(s): Alicia García-Herrero
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 September 1997
DOI: http://dx.doi.org/10.5089/9781451854688.001
ISBN: 9781451854688
Keywords: banking, banking crisis, inflation, banking system, central bank
The experiences of seven countries that have undergone banking crises show that crises have significant implications for the short-run stability of the demand for money, the money multiplier, the transmission mecha...