banking crises since 1840, while Canada has had none. The banking systems of Mexico and Brazil have not only been crisis prone … history of the United Kingdom, the United States, Canada, Mexico, and Brazil through several centuries, Fragile by Design … fluctuations result from the complex bargains made between politicians, bankers, bank shareholders, depositors, debtors, and …

banking crises since 1840, while Canada has had none. The banking systems of Mexico and Brazil have not only been crisis prone … history of the United Kingdom, the United States, Canada, Mexico, and Brazil through several centuries, Fragile by Design … fluctuations result from the complex bargains made between politicians, bankers, bank shareholders, depositors, debtors, and …

opted for issuing blanket guarantees on bank liabilities to stop or avoid widespread bank runs. In theory, blanket … guarantees can prevent bank runs if they are credible. However, guarantee could add substantial fiscal costs to bank …

interventions aimed at alleviating the bank capital crunch. We find that the growth of firms dependent on external financing is … disproportionately positively affected by bank recapitalization policies, and that this effect is quantitatively important and robust to …