that receive a small recapitalization relative to their capital shortfall reduce lending and shrink assets. These results … between 2000 and 2013. Controlling for market implied capital shortfall of banks, we find that banks that receive a … sufficiently large recapitalization increase lending, attract more deposits and clean up their balance sheets. In contrast, banks …

This paper presents a new dataset on the dynamics of non-performing loans (NPLs) during 88 banking crises since 1990 … banking sector conditions. Our findings suggest that reducing pre-crisis vulnerabilities and promptly addressing NPL problems …

This paper presents a new dataset on the dynamics of non-performing loans (NPLs) during 88 banking crises since 1990 … banking sector conditions. Our findings suggest that reducing pre-crisis vulnerabilities and promptly addressing NPL problems …

countries experiencing systemic banking crises on profitability, credit, and the performance of borrower firms. Crisis exposures … reduce bank returns and tighten credit conditions for borrowers, constraining investment and growth. The effects are larger … for foreign borrowers, including in countries not experiencing banking crises. Our results document the extent of cross …