Market Phoenixes and Banking Ducks Are Recoveries Faster in Market-Based Financial Systems? /
Recoveries vary considerably across countries: our paper compares recoveries in bank-based and market-based economies and finds that market-based economies experience significantly and durably stronger rebounds than the bank-based ones (in particular the more bank-based economies of continental Euro...
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| Format: | Revue |
| Langue: | English |
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Washington, D.C. :
International Monetary Fund,
2011.
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| Collection: | IMF Working Papers; Working Paper ;
No. 2011/213 |
| Accès en ligne: | Full text available on IMF |