Fiscal Burden Sharing in Cross-Border Banking Crises by Dirk Schoenmaker, Charles Goodhart

Fiscal Burden Sharing in Cross-Border Banking Crises

Dirk Schoenmaker, Charles Goodhart

28 pages missing pub info (editions)

nonfiction politics
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This paper focuses on the recapitalization of failing banks. A recapitalization is efficient if the social benefits (preserving systemic stability) exceed the cost of recapitalization. In a national setting, the implementation of an optimal policy...

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