Depositor Behavior under Macroeconomic Risk: Evidence from Bank Runs in Emerging Economies

Depositor behavior has been associated with bank-specific characteristics, random runs, or contagion episodes. Using evidence on the 2000-02 bank runs in Argentina and Uruguay, this paper shows that macroeconomic risk is also important. Few macroeconomic shocks can quickly cause large runs. Macroeco...

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Bibliographic Details
Main Authors: Levy-Yeyati, Eduardo, Martinez Peria, Maria Soledad, Schmukler, Sergio L.
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/4684

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