Bank Bailouts and Fiscal Contingent Liabilities (Английский)

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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  • Mare,Davide Salvatore;
    Melecky,Martin;
    Murina,Hanna;

  • 2023/01/09

  • Рабочий документ в рамках исследования вопросов политики

  • WPS10273

  • 1

  • Центральная Азия, Казахстан,

  • Европа и Центральная Азия,

  • 2023/01/09

  • Disclosed

  • Bank Bailouts and Fiscal Contingent Liabilities

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