The Economics of Bank Restructuring : Understanding the Options /

Based on a simple framework, this note clarifies the economics behind bank restructuring and evaluates various restructuring options for systemically important banks. The note assumes that the government aims to reduce the probability of a bank's default and keep the burden on taxpayers at a mi...

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Bibliographic Details
Main Author: Landier, Augustin
Other Authors: Ueda, Kenichi
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2009.
Series:IMF Staff Position Notes; Staff Position Note ; No. 2009/012
Online Access:Full text available on IMF