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Banks versus markets. A response to Kucinskas

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  • Zimper, Alexander

Abstract

This is a response to Kucinskas (2016) who comments on my article (Zimper, 2013).

Suggested Citation

  • Zimper, Alexander, 2016. "Banks versus markets. A response to Kucinskas," Economics Letters, Elsevier, vol. 147(C), pages 174-176.
    • Handle: RePEc:eee:ecolet:v:147:y:2016:i:c:p:174-176
    DOI: 10.1016/j.econlet.2016.05.011
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    References listed on IDEAS

    as
    1. Zimper, Alexander, 2013. "On the welfare equivalence of asset markets and banking in Diamond Dybvig economies," Economics Letters, Elsevier, vol. 121(3), pages 356-359.
    2. Douglas W. Diamond & Philip H. Dybvig, 2000. "Bank runs, deposit insurance, and liquidity," Quarterly Review, Federal Reserve Bank of Minneapolis, vol. 24(Win), pages 14-23.
    3. Jacklin, Charles J., 1993. "Market rate versus fixed rate demand deposits," Journal of Monetary Economics, Elsevier, vol. 32(2), pages 237-258, November.
    4. Alexander Zimper, 2013. "Optimal Liquidity Provision Through a Demand Deposit Scheme: The Jacklin Critique Revisited," German Economic Review, Verein für Socialpolitik, vol. 14(1), pages 89-107, February.
    Full references (including those not matched with items on IDEAS)

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    Keywords

    Demand deposit contracts; Asset markets;

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