Resolving Bank Failures and Institutions : Is there a Link? Some Empirical Evidence /

Policymakers across countries have been seeking to strengthen the institutional framework to control fiscal costs and feedback effects to the real economy generated by bank failures. On a cross-section of countries, we find evidence that suggests that bank supervisors' intervention in bank fail...

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Détails bibliographiques
Auteur principal: Rawlins, Marlon
Autres auteurs: Zanforlin, Luisa
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2021.
Collection:IMF Working Papers; Working Paper ; No. 2021/211
Sujets:
Accès en ligne:Full text available on IMF
Description
Résumé:Policymakers across countries have been seeking to strengthen the institutional framework to control fiscal costs and feedback effects to the real economy generated by bank failures. On a cross-section of countries, we find evidence that suggests that bank supervisors' intervention in bank failures may be positively associated with some aspects of the administrative and regulatory framework. Our results appear to hold also during times of financial instability. Finally, we find some evidence that the same institutional features may be associated with lower fiscal outlays during banking crises.
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Description matérielle:1 online resource (29 pages)
Format:Mode of access: Internet
ISSN:1018-5941
Accès:Electronic access restricted to authorized BRAC University faculty, staff and students