Bank runs and currency run in a system without a safety net: Argentina and the `tequila’ shock

By Liliana B. Schumacher. 2000

133 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/68979ab691992455b6fd7ba3d3b49c430f74ca14

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Citations in the corpus

Runs on Money Market Mutual Funds (2016, unknown): “Second, we provide evidence on the link between risk-taking and run-like behavior, supporting work on banking panics by Gorton (1988), Schumacher (2000), Martinez-Peria and Schmukler (2001), and Calomiris and Mason (2003).”
Cross-Country Empirical Studies of Systemic Bank Distress: A Survey (2005, unknown): “2 Some examples of case studies include Garcia-Herrero (1997), Drees and Pazarbasioglu (1998), Jaramillo (2000), GonzálesHermosillo et al. (1997), Ramos (1998), and Schumacher (2000).”
Imperfect Competition in the Interbank Market for Liquidity as aRationale for Central Banking (2009, background): “…Illinois, Saunders and Wilson (1996) on flight to quality of depositors during the Depression era, Slovin, Sushka and Polonchek (1999) on many bank regulatory actions over 1975-92, Schumacher (2000) also on depositors’ flight to quality during the 1994-95 Argentinian crisis, among others.”
From Urban to Rural: Lessons for Microfinance from Argentina (2001, methodology): “After Tequila, the regulatory framework of the Banco Central de la República de Argentina (BCRA) was strengthened and extended to cover co-operatives and provincial banks (Schumacher, 2000).”
Payoff complementarities and financial fragility: Evidence from mutual fund outflows $ (2010, background): “The first one is reminiscent of the empirical literature that attributes banking failures to bad fundamentals (e.g., Gorton, 1988; Calomiris and Mason, 1997, 2003; Schumacher, 2000; Martinez-Peria and Schmukler, 2001).”
Deposit Competition and Financial Fragility: Evidence from the US Banking Sector (2017, result): “The empirical ﬁndings from our demand estimates closely relate to the ﬁndings from Schumacher (2000) and Martinez Peria and Schmukler (2001), who examine how depositors respond to bank ﬁnancial distress during the banking crises that occurred in Argentina, Chile, and Mexico during the 1980s and…”
Liquidity, Bank Runs and Bailouts: Spillover Effects during the Northern Rock Episode (2010, unknown): “3 These studies use a variety of indicators such as intertemporal correlation of bank failures (Hasan and Dwyer 1994; Schoenmaker 1996), bank debt risk premiums (Carron 1982; Saunders 1987; Cooperman et al. 1992; Jayanti and Whyte 1996; Morgan and Stiroh 2001), deposit flows (Saunders 1987; Saunders”
Information Contagion and Bank Herding (2008, background): “=E(ri)=expected cost of borrowing : ( 30 ) where the expressions for probabilities Pi(R1;HH); Pi(R1;HL); Pi(R1;LH) and Pi(R1;LL) are given as:”
Depositor Behavior and Market Discipline in Colombia (2000, background): “Schumacher (1996, 2000) finds evidence of market discipline in Argentina during the 1994–95 “Tequila” crisis.”