The Length and Cost of Banking Crises /

This paper reviews how recent studies of banking crises differ with regard to the dating, length, and costs of the crises. Significant discrepancies in these features suggest the absence of analytical consensus. The data allow an examination of the relation between perceived crisis length, as an ind...

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Détails bibliographiques
Auteur principal: Frydl, Edward
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 1999.
Collection:IMF Working Papers; Working Paper ; No. 1999/030
Accès en ligne:Full text available on IMF
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245 1 4 |a The Length and Cost of Banking Crises /  |c Edward Frydl. 
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300 |a 1 online resource (32 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper reviews how recent studies of banking crises differ with regard to the dating, length, and costs of the crises. Significant discrepancies in these features suggest the absence of analytical consensus. The data allow an examination of the relation between perceived crisis length, as an index of delay in taking actions to resolve a crisis, and crisis costs. Cross-sectional evidence does not show that the length of a crisis is a significant contributor to its resolution cost. A measure of economic cost, the growth shortfall in the crisis period, shows more evidence of a link. 
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830 0 |a IMF Working Papers; Working Paper ;  |v No. 1999/030 
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