Transparency, Liberalization, and Banking Crisis

Transparency, Liberalization, and Banking Crisis

The authors investigate how transparency affects the probability of a financial crisis. They construct a model in which banks cannot distinguish between aggregate shocks and government policy, on the one hand, and firm' quality, on the other....

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Bibliographic Details
Main Authors:	Mehrez, Gil, Kaufmann, Daniel
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2014
Subjects:	AGENTS BANK ASSETS BANK CLOSURES BANK LENDING BANKING CRISES BANKING CRISIS BANKING SECTOR BANKING SYSTEM BANKS BANQUE DE FRANCE BONDS BOOK VALUE BOOMS BORROWING CAPITAL CONTROLS CAPITAL INFLOWS CAPITAL MARKETS COMPETITIVENESS CONTAGION CREDIT RATIONING CROSS-COUNTRY EXPERIENCE DEPOSITORS DEPOSITS DEREGULATION DOMESTIC CREDIT ECONOMETRICS ECONOMIC MODELS ECONOMIC RESEARCH ECONOMICS EMERGING MARKETS EXPECTED RETURN EXTERNALITIES FEDERAL RESERVE SYSTEM FINANCIAL CONTAGION FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL FRAGILITY FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIARIES FINANCIAL LIBERALIZATION FINANCIAL MARKETS FINANCIAL SECTOR FINANCIAL SYSTEMS FISCAL POLICY FOREIGN BANKS FOREIGN EXCHANGE FREE ENTRY GDP GLOBALIZATION GOVERNMENT GUARANTEES GROWTH RATE HOUSING IMPERFECT INFORMATION INFLATION INFLATION RATE INSURANCE INTEREST RATE INTEREST RATES INTERSTATE BANKING LIQUIDITY M2 MACROECONOMIC POLICY MARGINAL PRODUCTIVITY MORAL HAZARD OLIGOPOLY OPEN ECONOMIES PERFECT COMPETITION POLITICAL ECONOMY PREDICTIONS PRIVATIZATION PRODUCTIVITY PROGRAMS REAL INTEREST RATE RESERVE ASSETS RESERVE REQUIREMENTS RESERVES RISK NEUTRAL SECURITIES SECURITIES MARKETS STABILIZATION TRANSPARENCY UNIVERSAL BANKS
Online Access:	http://documents.worldbank.org/curated/en/2000/02/437731/transparency-liberalization-banking-crisis http://hdl.handle.net/10986/19851

Internet

http://documents.worldbank.org/curated/en/2000/02/437731/transparency-liberalization-banking-crisis
http://hdl.handle.net/10986/19851

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