{
  "title": "The Length and Cost of Banking Crises",
  "publication": "IMF Working Papers, March 1, 1999",
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  "summary": "This paper reviews how recent studies of banking crises differ with regard to the dating, length, and costs of the crises. Significant discrepancies in these features suggest the absence of analytical consensus.",
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      "heading": "Main findings and conclusions",
      "content": "- The paper reviews how recent studies of banking crises differ with regard to the dating, length, and costs of the crises.\n- Significant discrepancies in dating, length, and cost measures suggest the absence of analytical consensus.\n- The data permit an examination of the relation between perceived crisis length (interpreted as an index of delay in taking actions to resolve a crisis) and crisis costs.\n- Cross-sectional evidence does not show that the length of a crisis is a significant contributor to its resolution cost.\n- A measure of economic cost, the growth shortfall in the crisis period, shows more evidence of a link with perceived crisis length."
    },
    {
      "heading": "Subject focus and keywords",
      "content": "- Subject areas: Bank resolution, Banking, Banking crises, Commercial banks, Crisis resolution, Financial crises, Financial institutions.\n- Keywords listed: Africa, Bank resolution, Bank Supervision, Banking crises, banking crisis, banking structure, Commercial banks, crisis cost, crisis duration, crisis length, Crisis resolution, real interest rate, resolution cost, WP.\n\n---\n\n Content in this bundle\n\n- The Length and Cost of Banking Crisis - WP/99/30\n  - The Length and Cost of Banking Crisis - WP/99/30 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - The Length and Cost of Banking Crisis - WP/99/30 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/wp/issues/2016/12/30/the-length-and-cost-of-banking-crises-2905"
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    "Authors: Edward J Frydl",
    "Published: March 1, 1999",
    "Series: IMF Working Papers",
    "DOI: https://doi.org/10.5089/9781451844894.001",
    "The paper reviews how recent studies of banking crises differ with regard to the dating, length, and costs of the crises.",
    "Significant discrepancies in dating, length, and cost measures suggest the absence of analytical consensus.",
    "The data permit an examination of the relation between perceived crisis length (interpreted as an index of delay in taking actions to resolve a crisis) and crisis costs.",
    "Cross-sectional evidence does not show that the length of a crisis is a significant contributor to its resolution cost.",
    "A measure of economic cost, the growth shortfall in the crisis period, shows more evidence of a link with perceived crisis length.",
    "Subject areas: Bank resolution, Banking, Banking crises, Commercial banks, Crisis resolution, Financial crises, Financial institutions.",
    "Keywords listed: Africa, Bank resolution, Bank Supervision, Banking crises, banking crisis, banking structure, Commercial banks, crisis cost, crisis duration, crisis length, Crisis resolution, real interest rate, resolution cost, WP.",
    "**The Length and Cost of Banking Crisis - WP/99/30**"
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