Showing 1 - 5 of 5
In episodes of significant banking distress or perceived systemic risk to the financial system, policymakers have often … restructuring programs and may increase moral hazard going forward. Using a sample of 42 episodes of banking crises, this paper …
Persistent link: https://www.econbiz.de/10005826542
This paper presents a new database on the timing of systemic banking crises and policy responses to resolve them. The … database covers the universe of systemic banking crises for the period 1970-2007, with detailed data on crisis containment and …. The database extends and builds on the Caprio, Klingebiel, Laeven, and Noguera (2005) banking crisis database, and is the …
Persistent link: https://www.econbiz.de/10005599378
Persistent link: https://www.econbiz.de/10010790464
This paper shows that banks use accounting discretion to overstate the value of distressed assets. Banks' balance sheets overvalue real estate-related assets compared to the market value of these assets, especially during the U.S. mortgage crisis. Share prices of banks with large exposure to...
Persistent link: https://www.econbiz.de/10008559265
This paper presents a new database of systemic banking crises for the period 1970-2009. While there are many …
Persistent link: https://www.econbiz.de/10008560451