Banking Crises and Bank Rescues: The Effect of Reputation.

This paper focuses on bank rescue packages and on the behaviour of troubled banks in light of rescue offers. A puzzling feature of experience with banking crises is that in many cases policy authorities make offers of bank rescue, and banks are reluctant to accept these offers. We study situations i...

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Bibliographic Details
Main Authors: Corbett, J, Mitchell, J
Format: Journal article
Language:English
Published: 2000