The Length and Cost of Banking Crises

March 1, 1999

Preview Citation

Format: Chicago

Edward J Frydl. The Length and Cost of Banking Crises, (USA: International Monetary Fund, 1999) accessed November 21, 2024

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

This paper reviews how recent studies of banking crises differ with regard to the dating, length, and costs of the crises. Significant discrepancies in these features suggest the absence of analytical consensus. The data allow an examination of the relation between perceived crisis length, as an index of delay in taking actions to resolve a crisis, and crisis costs. Cross-sectional evidence does not show that the length of a crisis is a significant contributor to its resolution cost. A measure of economic cost, the growth shortfall in the crisis period, shows more evidence of a link.

Subject: Bank resolution, Banking, Banking crises, Commercial banks, Crisis resolution, Financial crises, Financial institutions

Keywords: Africa, Bank resolution, Bank Supervision, Banking crises, Banking crisis, Banking structure, Commercial banks, Crisis cost, Crisis duration, Crisis length, Crisis resolution, Real interest rate, Resolution cost, WP

Publication Details

Pages:

32
Volume:

---
DOI:

---
Issue:

---
Series:

Working Paper No. 1999/030
Stock No:

WPIEA0301999
ISBN:

9781451844894
ISSN:

1018-5941

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

IMF Working Papers