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Author:Ball, S.
Feltenstein, A.
Title:Bank failures and fiscal austerity: policy prescriptions for a developing country
Journal:Journal of Public Economics
2001 : NOV, VOL. 82:2, p. 247-270
Index terms:BANK FAILURES
DEVELOPING COUNTRIES
FISCAL POLICY
BANGLADESH
Language:eng
Abstract:This work employs a dynamic general equilibrium model to evaluate the causes and implications of bank insolvencies. The authors apply the model to stylized data from Bangladesh, a country whose banking system is currently suffering from large stocks of non-performing assets. The model is used to derive positive conclusion about alternative policy instruments designed to alleviate the impact of these insolvencies.
SCIMA record nr: 226864
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