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Stock market responses to bank restructuring policies during the East Asian crisis / Daniela Klingebiel ... [and others].
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Series:
- Policy research working papers ; 2571.
- World Bank e-Library.
- Policy research working paper ; 2571
- Language:
- English
- Subjects (All):
- Bank failures--Economic aspects--East Asia.
- Bank failures.
- Deposit insurance--East Asia.
- Deposit insurance.
- Financial crises--Economic aspects--East Asia.
- Financial crises.
- Other Title:
- Policy research working paper vol. 2571
- Place of Publication:
- Washington, D.C. : World Bank, Financial Sector Strategy and Policy Dept., [2001]
- System Details:
- data file
- Summary:
- During a crisis of confidence, announcements of deposit guarantees may give market participants short-term confort. But stock market responses show that using public funds for bank bailouts is not a credible way to restore the health of the financial sector.
- Notes:
- "March 2001"--Cover.
- Title from title screen as viewed on Sept. 16, 2002.
- Includes bibliographical references (p. 20-21).
- Publisher Number:
- 10.1596/1813-9450-2571
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