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Are bank runs contagious?

Ted Temzelides ()

Business Review, 1997, issue Nov, pages 3-14

Abstract: History shows that banks are subject to runs and panics. Researchers disagree, however, about whether runs are contagious: that is, do problems at insolvent banks spread to solvent ones? If runs are contagious, what, if anything, can be done to stop the spread, and what are the implications for deposit insurance and banking regulations? In this article, Ted Temzelides reviews the basic theory and presents some recent evidence on contagious bank runs

Keywords: Bank; failures (search for similar items in EconPapers)
Date: 1997
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