## The Length and Cost of Banking Crises

_IMF Working Papers, March 1, 1999_

## Source details

**Canonical URL:** [The Length and Cost of Banking Crises](https://www.imf.org/en/publications/wp/issues/2016/12/30/the-length-and-cost-of-banking-crises-2905)

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## Bibliographic details
- Authors: Edward J Frydl
- Published: March 1, 1999
- Series: IMF Working Papers
- DOI: https://doi.org/10.5089/9781451844894.001

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### Main findings and conclusions
- 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 focus and keywords
- 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.

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- **The Length and Cost of Banking Crisis - WP/99/30**
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_Source: https://www.imf.org/en/publications/wp/issues/2016/12/30/the-length-and-cost-of-banking-crises-2905_
