Showing 1 - 10 of 163,697
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
on in the future. Banking sector problems in Russia, Turkey, and a few Latin American countries occurred within the …
Persistent link: https://www.econbiz.de/10005590869
This paper provides a framework to assess the benefits and costs of intervening in a banking crisis. Intervention … resolution strategy. Dominant factors affecting net benefits are the relative size of the banking system and the loss liquidation …
Persistent link: https://www.econbiz.de/10005826210
This paper seeks to draw lessons from the IMF’s experience in handling financial crises around the globe over the past ten years that are relevant to the challenges faced by countries in Latin America, especially in the wake of the recent crisis in Argentina. Experience suggests that...
Persistent link: https://www.econbiz.de/10005824823
This study looks at the first two years of the banking crisis that erupted in Indonesia in late 1997. It finds that the … banking sector was weak at the outset, and that governance problems intensified the crisis and seriously delayed its … in the costs of resolution. By end-1999, the critical elements to reconstruct the banking system were in place, and the …
Persistent link: https://www.econbiz.de/10005826629
respond in a timely manner and efficiently enough to prevent the escalation of the banking crisis and spurred the adoption of … worsening the solvency of banks. These three factors reinforced each other, exacerbating costs as the economy went through a … triple banking, currency, and fiscal crisis. …
Persistent link: https://www.econbiz.de/10005769178
multivariate probability model-and their application to studying the determinants of banking crises. The use of these models to … provide early warnings for crises is also reviewed, as are studies of the economic effects of banking crises and of the …
Persistent link: https://www.econbiz.de/10005826068
Using aggregate and bank level data for several countries, the paper studies what happens to the banking system in the … aftermath of a banking crisis. Contemporary crises are not accompanied by declines in aggregate bank deposits, and credit does … begins in the second year after the crisis and is not led by a resumption in credit growth. Banks, including the stronger …
Persistent link: https://www.econbiz.de/10005768800
studying financial crises in emerging markets. In equilibrium, the banking system becomes progressively more fragile under …. The crisis evolves endogenously as the banking system becomes increasingly vulnerable through the renegotiation of loans …
Persistent link: https://www.econbiz.de/10005599585
The Asian financial crisis of 1997-98 was one of the most dramatic economic events of recent times, which raised many questions regarding the appropriate policy response to financial crises. This paper reviews the experience of this crisis, focusing on the overall strategy of crisis management...
Persistent link: https://www.econbiz.de/10005263845