On Zombie Banks And Recessions After Systemic Banking Crises
Download On Zombie Banks And Recessions After Systemic Banking Crises full books in PDF, epub, and Kindle. Read online free On Zombie Banks And Recessions After Systemic Banking Crises ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
On Zombie Banks and Recessions After Systemic Banking Crises
Author | : Timotej Homar |
Publisher | : |
Total Pages | : 60 |
Release | : 2015 |
Genre | : Bank management |
ISBN | : |
Download On Zombie Banks and Recessions After Systemic Banking Crises Book in PDF, Epub and Kindle
What costs do zombie banks impose on society? We analyze the effects of government and central bank interventions in 68 systemic banking crises since 1980, of which 28 are part of the recent global financial crisis. Our estimation approach controls for the correlation between intervention measures and the time-invariant component of unobservable crisis severity. We find that timely bank recapitalizations substantially reduce the duration of recessions, underscoring the distortions caused by zombie banks and the costs of regulatory forbearance.
On Zombie Banks and Recessions After Systemic Banking Crises Related Books
Pages: 60
Pages:
Pages: 49
Pages: 210
Pages: 474