Recapitalizing Banking Systems : Implications for Incentives and Fiscal and Monetary Policy

Recapitalizing Banking Systems : Implications for Incentives and Fiscal and Monetary Policy

In the aftermath of a banking crisis, most attention is rightly focused on allocating losses, rebuilding properly managed institutions, and achieving debt recovery. But the authorities' decision to use budgetary funds to help restructure a lar...

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Bibliographic Details
Main Author:	Honohan, Patrick
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2013
Subjects:	BANKING SYSTEMS RECAPITALIZATION INCENTIVES MONETARY POLICY FISCAL POLICY BANK RESTRUCTURING BANK MANAGEMENT FINANCIAL INSTRUMENTS LIQUIDITY ASSET YIELDS NEGOTIABLE INSTRUMENTS DEBT MANAGEMENT BANK LENDING INSTRUMENTS ACCOUNTING ASSET MANAGEMENT ASSET RECOVERY ASSET VALUE ASSETS AUTONOMY BAD DEBT BAD DEBTS BALANCE SHEET BALANCE SHEETS BANK ASSETS BANK CAPITAL BANK DEPOSITS BANK FAILURE BANK INSOLVENCY BANK RECAPITALIZATION BANK REGULATION BANKING CRISES BANKING CRISIS BANKING SYSTEM BANKS BENCHMARK BOND MARKETS BONDS CAPITAL BUDGETING CAPITAL GAIN CAPITAL MARKETS CAPITAL REQUIREMENT CENTRAL BANK CENTRAL BANK LENDING COUPON BONDS COUPON RATE CURRENCY ASSETS DEBT DEBT STRUCTURE DEPOSIT INSURANCE DEPOSIT PROTECTION DEPOSITORS DEPOSITS DISCOUNT RATE ECONOMETRIC ANALYSIS ECONOMIC VALUE EXPROPRIATION FACE VALUE FAILED BANKS FINANCIAL MARKETS FINANCIAL RESTRUCTURING GOVERNMENT BONDS INFLATION INSOLVENT BANKS INTEREST RATE INTEREST RATES LIQUIDATION LOAN LOSS PROVISIONS LOOTING LOSS ALLOCATION MACROECONOMIC STABILITY MARGINAL COST MARKET VALUE MATURITIES MONETARY STABILITY MORAL HAZARD NET LOSSES OPERATING COSTS PAYOUT PORTFOLIO PRESENT VALUE PROFITABILITY PUBLIC FINANCE PUBLIC GOOD SECURITIES SHAREHOLDERS SINKING FUNDS SOLVENCY RATIOS SUBORDINATED DEBT SUBORDINATED LIABILITIES SUBVENTIONS TAXATION TIER 2 CAPITAL VALUATION WEALTH
Online Access:	http://documents.worldbank.org/curated/en/2001/02/1000493/recapitalizing-banking-systems-implications-incentives-fiscal-monetary-policy http://hdl.handle.net/10986/15744

Internet

http://documents.worldbank.org/curated/en/2001/02/1000493/recapitalizing-banking-systems-implications-incentives-fiscal-monetary-policy
http://hdl.handle.net/10986/15744

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