This article develops a model which shows that bank deposit contracts can provide allocations superior to those of exchange markets, , Dybvig, Philip H & Spatt, .
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Using the Diamond and Dybvig 1983 mode l explain the liquidity insurance theory from FINANCE FN at University of London University of London International Programmes .
(author(s): Chester Spatt, P Dybvig) 1983 See More AWARDS AND HONORS Appointment to Systemic Risk Council (chaired by Sheila Bair, former FDIC chair) (2012 .
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The Theory of Monetary Institutions covers free banking monetary thought and a theoretical account of the evolution of monetary , The Diamond-Dybvig Model
What Moves Investment Growth? We use accounting identities to decompose unexpected changes in invest- , Phil Dybvig, Janice Eberly, Deborah Lucas, .
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