Recovery Determinants of Distressed Banks : Regulators, Market Discipline, or the Environment? /

Based on detailed regulatory intervention data among German banks during 1994-2008, we test if supervisory measures affect the likelihood and the timing of bank recovery. Severe regulatory measures increase both the likelihood of recovery and its duration while weak measures are insignificant. With...

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Bibliographic Details
Main Author: Koetter, Michael
Other Authors: Kick, Thomas, Poghosyan, Tigran
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2010.
Series:IMF Working Papers; Working Paper ; No. 2010/027
Online Access:Full text available on IMF