The Real Effect of Banking Crises

The Real Effect of Banking Crises
Banking crises are usually followed by a decline in credit and growth. Is this because crises tend to take place during economic downturns, or do banking sector problems have independent negative effects on the economy? To answer this question we examine industrial sectors with differing needs for financing. If banking crises have an exogenous... READ MORE...

Publication date: March 2005
ISBN 9781451860825
$15.00

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