Systemic banking crises have serious effects, as is shown by the recessions that often follow them. During such crises, governments and central banks take measures aimed at preserving financial stability and limiting loss of productivity. Timotej Homar asks how effective such intervention measures are and what can be done to prevent crises before they even occur.
T. Homar: Intervention in Systemic Banking Crises.
Prof. A.W.A. Boot
Prof. S.J.G. van Wijnbergen
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