Browsing FGV EPGE - Ensaios Econômicos by Author "Bertolai, Jefferson Donizeti Pereira"
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A note on convergence of Peck-Shell and Green-Lin mechanisms in the Diamond-Dybvig model
Cavalcanti, Ricardo de Oliveira; Bertolai, Jefferson Donizeti Pereira; Monteiro, P. K.
2011-07-27We study the effects of population size in the Peck-Shell analysis of bank runs. We find that a contract featuring equal-treatment for almost all depositors of the same type approximates the optimum. Because the approximation ...


