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Bank Bailouts and Fiscal Contingent Liabilities (anglais)

Government intervention to bail out troubled banks can produce a sizable fiscal contingent liability. Drawing on a rich history of various forms of staggered bailouts, this paper studies the link between bank bailouts and fiscal contingent liabilities using bank-level data for Kazakhstan—an upper-middle-income country in Central Asia. The paper first estimates the probability that a bank in distress is bailed out, conditioning on bank characteristics...
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INFORMATION

  • 2023/01/09

  • Document de travail de recherche sur les politiques

  • WPS10273

  • 1

  • Asie centrale, Kazakhstan,

  • Europe et Asie centrale,

  • 2023/01/09

  • Disclosed

  • Bank Bailouts and Fiscal Contingent Liabilities

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