The Benefits and Costs of Intervening in Banking Crises

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 include fiscal costs and the economic costs of... READ MORE...

Publication date: August 2000
ISBN 9781451856729
$15.00

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