depends on the nature of the crisis, its origins, evolution and context. Systemic banking crises are among the most common and … Financial Crisis, the Global Financial Crisis, and the European Debt Crisis – offer critical lessons regarding the most … effective approaches in tackling bank solvency during a systemic crisis. One of the most common and also effective methods has …

than five years now was, first and foremost, a crisis of financial markets. One reason for rising debt levels at the outset … of the crisis have been massive government expenditures to bail out struggling and even failing banks. Yet, I argue that … institutional settings influence diverging policy reactions to the financial crisis? To answer this question, this study compares …

effects using an exogenous variation in formula transfers, as the losses during the crisis of municipalities above the 5 … and below the 5,000 inhabitant threshold did not differentially adjust their budgets during the crisis. Rather, we find …