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E-book
Author Frydl, Edward J

Title The Benefits and Costs of Intervening in Banking Crises Edward J Frydl
Published Washington, D.C. : International Monetary Fund, 2000

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Description 1 online resource (78 pages)
Series 1\ IMF Working Papers; Working Paper ; No. 00/147, 1018-5941
IMF Working Papers; Working Paper ; No. 00/147
Summary 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 delay. The government's main decision concerns the length of the resolution horizon-whether to adopt a deliberate or an aggressive resolution strategy. Dominant factors affecting net benefits are the relative size of the banking system and the loss liquidation rate on assets financed by bank loans
Notes English
Description based on print version record
Form Electronic book
Author Quintyn, Marc
ISBN 1451856725
9781451856729
1462320627
9781462320622
1452723974
9781452723976
1282110578
9781282110571
1451901828
9781451901825
9786613803467
6613803464