Permanent Capital Losses after Banking Crises
收藏NBER2025-09-01 更新2025-10-04 收录
下载链接：
https://www.nber.org/papers/w34288
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资源简介：
We study the mechanisms driving bank losses across historical banking crises in 46 economies and the effectiveness of policy interventions in restoring bank capitalization. We find that bank stocks experience large, permanent declines at the onset of crises. These losses predict commensurate long
提供机构：
美国国家经济研究局
创建时间：
2025-09-01
