on loan supply in Turkey. This suggests that the effect of monetary policy in Turkey can be propagated by the banking …

risk-averse depositors. A "banking crisis" is defined as a case in which banks exhaust their reserve assets. Under … different model specifications, the banking industry is either a monopoly bank or a competitive banking industry. If the nominal … rate of interest (rate of inflation) is below (above) some threshold, a monopolistic banking system will always result in a …

This paper investigates the medium-term behavior of output following banking crises, and its association with pre- and … post-crisis conditions and policies. We find that output tends to be depressed substantially following banking crises, with … associated with medium-run output losses include the short-run change in output, the occurrence of a joint banking …

Many empirical studies of banking crises have employed "banking crisis" (BC) indicators constructedusing primarily … information on government actions undertaken in response to bank distress. Weformulate a simple theoretical model of a banking …