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Deteriorating public finances around the world raise doubts about countries' abilities to bail out their largest banks …
Persistent link: https://www.econbiz.de/10013133399
This paper finds that lending by state banks is less procyclical than lending by private banks, especially in countries with good governance. Lending by state banks in high income countries is even countercyclical. On the liability side, state banks expand potentially unstable non-deposit...
Persistent link: https://www.econbiz.de/10013104799