Responding to Banking Crises : Lessons From Cross-Country Evidence /

A common legacy of banking crises is a large increase in government debt, as fiscal resources are used to shore up the banking system. Do crisis response strategies that commit more fiscal resources lower the economic costs of crises? Based on evidence from a sample of 40 banking crises we find that...

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Bibliographic Details
Main Author: Detragiache, Enrica
Other Authors: Ho, Giang
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2010.
Series:IMF Working Papers; Working Paper ; No. 2010/018
Online Access:Full text available on IMF