From Systemic Banking Crises to Fiscal Costs : Risk Factors

Risk Factors

From Systemic Banking Crises to Fiscal Costs : Risk Factors
This paper examines the risk factors associated with fiscal costs of systemic banking crises using cross-country data. We differentiate between immediate direct fiscal costs of government intervention (e.g., recapitalization and asset purchases) and overall fiscal costs of banking crises as proxied by changes in the public debt-to-GDP ratio. We... READ MORE...

Publication date: July 2015
ISBN 9781513529356
$18.00

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