The fiscal cost implications of an accommodating approach to banking crises

By Patrick Honohan, D. Klingebiel. 2003

336 citations recorded by the source corpus.

Subfields: Finance

View Paper: https://www.semanticscholar.org/paper/b47a0ed2650d30d81e2c4eaeda8b786c778b1c84

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Citations in the corpus

Banking crises and market discipline: International evidence (2012, background): “As a consequence, depositors may be more relaxed if a new banking crisis occurs and have fewer incentives to exercise discipline (Honohan and Klingebiel, 2003).”
Cross-Country Empirical Studies of Systemic Bank Distress: A Survey (2005, background): “Honohan and Klingebiel (2003) construct a database with estimates of the fiscal cost of 40 banking crises and catalogue the policies adopted in each episode, classified according to five broad categories: blanket guarantees to depositors, liquidity support to banks, bank recapitalisation, financial…”
Does Deposit Insurance Improve Financial Intermediation? Evidence from the Russian Experiment (2011, background): “Honohan and Klingebiel (2003) and Kane and Klingebiel (2004) examine how crisis resolution policies affect crisis costs.”
The Financial Stress Index: Identification of Systemic Risk Conditions (2011, neutral): “29 Applying a similar method for Canada, Illing and Liu (2003) showed that the credit weights series is optimal in minimizing type I/type II errors in rank ordering.”
The Real Effect of Banking Crises (2005, neutral): “Policy interventions during crises as classified by Honohan and Klingebiel (2003)”
Stories of the Twentieth Century for the Twenty-First (2011, neutral): “…in appendix B. 21For these reasons, our group of EMEs differs from that used by the IMF’s World Economic Outlook.. 20 ing market economies distributed among six regional groupings.22 In addition, we compile data for 22 advanced economies.23 We begin with a measure of real activity, the output…”
How Country and Safety-Net Characteristics Affect Bank Risk-Shifting (2002, neutral): “The costs and benefits society experiences from either type of guarantees depend on how effectively government regulators can control bank riskshifting (Buser, Chen, and Kane, 1981; Brickley and James, 1988; Calomiris, 1992; Kane, 1995; Honohan and Klingebiel, 2001).”
The Use of Blanket Guarantees in Banking Crises (2008, methodology): “A quick inspection of the regression results in Table 8—ignoring the interaction terms for now—suggest that results that are broadly in line with those presented by Honohan and Klingebiel (2003).”
Fiscal Burden Sharing in Cross-Border Banking Crises (2012, neutral): “In a world-wide sample of 40 banking crisis episodes, Honohan and Klingebiel (2003) find that governments spent on average 13% of national GDP to clean up the financial system.”