The Benefits and Costs of Intervening in Banking Crises /
This paper provides a framework to assess the benefits and costs of intervening in a banking crisis. Intervention involves liquidity support and resolution actions. Principal benefits of intervention include avoiding panic and eliminating the economic costs of distorted incentives. Principal costs i...
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| Format: | Revista |
| Idioma: | English |
| Publicat: |
Washington, D.C. :
International Monetary Fund,
2000.
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| Col·lecció: | IMF Working Papers; Working Paper ;
No. 2000/147 |
| Accés en línia: | Full text available on IMF |