Controlling fiscal costs of banking crises

By Patrick Honohan, D. Klingebiel. 2000

252 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/33671b56382f6f610c6ed2eb0604f7e40876b9ac

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Citations in the corpus

How good is the market at assessing bank fragility? A horse race between different indicators (2002, background): “The large number of banking crises which have hit developed and developing countries in the last decades (Caprio, 1999) and the high cost of their resolution (Honohan and Klingebiel, 2000) have prompted a renewed interest in the features Journal of Banking & Finance 26 (2002) 1011–1028”
For Protection and Promotion: The Design and Implementation of Effective Safety Nets (2008, background): “In the East Asian financial crisis, Indonesia’s bank bailout cost 50 percent of GDP (Honohan and Klingebiel 2000); spending”
A Tax on Systemic Risk (2010, background): “Honohan and Klingebiel (2000) find that countries spent 12.8% of their GDP to clean up their banking systems whereas Claessens, Djankov and Klingebiel (1999) set the cost at 15-50% of GDP.”
Flexing Muscle: Corporate Political Expenditures as Signals to the Bureaucracy (2005, unknown): “Hence we limit our attention to the separating 11 Although our specification of the model is deliberately kept simple to avoid algebraic complications, its results extend relatively easily to more general functional forms.”
Rating Banks in Emerging Markets: What Credit Rating Agencies Should Learn from Financial Indicators (2002, background): “What, then, can rating agencies do to better detect surfacing problems (or performance improvements) in banks, until the regulatory and supervisory environment can be improved and until capital markets mature?”
Financial Globalization: Gain and Pain for Developing Countries (2003, unknown): “of 40 banking crises, Honohan and Klingebiel (2000) find that governments have spent an average of 6.”
Systemic Risk and Deposit Insurance Premiums (2009, background): “Honohan and Klingebiel (2000) find that countries spent 12.8 percent of their GDP to fix their banking systems, whereas Claessens, Djankov, and Klingebiel (1999) set the cost at 15 percent to 50 percent of GDP.”
Implications of the globalization of the banking sector: the Latin American experience (2000, background): “These crises have imposed significant economic and fiscal costs on the countries involved; Honohan and Klingebiel (2000) find the average direct costs of banking collapses to be equal to 12.8 percent of GDP, with many countries’ direct costs substantially exceeding this percentage.”