Responding to banking crises: lessons from cross-country evidence
Responding to banking crises: lessons from cross-country evidence
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International Monetary Fund
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English
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International Monetary Fund
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Contents
A common legacy of banking crises is a large increase in government debt, as fiscal resources are used to shore up the banking system. Do crisis response strategies that commit more fiscal resources lower the economic costs of crises? Based on evidence from a sample of 40 banking crises we find that the answer is negative. In fact, policies that ar...
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Responding to banking crises: lessons from cross-country evidence
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TN_cdi_gale_infotraccpiq_220639491
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https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_gale_infotraccpiq_220639491
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ISSN
1018-5941