The long shadow of the global financial crisis : public interventions in the financial sector /
We track direct public interventions and public holdings in 1,114 financial institutions over the period 2007-17 in 37 countries based on publicly available information. We use aggregate official data to validate this new dataset and estimate the fiscal impact of interventions, including the value o...
Clasificación: | Libro Electrónico |
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Autores principales: | , , , , , |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
[Washington, D.C.] :
International Monetary Fund,
2019.
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Colección: | IMF working paper ;
WP/19/164. |
Temas: | |
Acceso en línea: | Texto completo |
Tabla de Contenidos:
- Cover; Contents; I. Introduction; II. Gross Direct Interventions in the Aftermath of the Crisis; A. Data Coverage; B. Bank-Level Interventions: A First Glance; III. Remaining Public Asset Holdings in Financial Institutions; A. Remaining Asset Holdings in 2017; B. Pace of Intervention, Recovery, and Instruments; IV. Other Aspects of Interventions: Impaired Assets and Indirect Costs; A. Current Asset Holdings Including Impaired Assets; B. Fiscal Impact of Direct Interventions; V. Conclusions; References; Tables; 1. Gross Direct Interventions by Year; 2. Asset Purchases by Instrument
- 3. Initial Government Stake and Bank/Country Conditions4. Peak Government Stake and Bank/Country Conditions; 5. Public Asset Holdings and Bank/Country Conditions; 6. Public Asset Holdings and Bank/Country Conditions: Big Banks; 7. Public Asset Holdings and Bank/Country Conditions: Small/Medium Banks; 8. Fiscal Impact of Government Interventions in the Financial Sector; A1. Selected Economies: Government Interventions in the Financial Sector; A2. Selected Economies: Government Interventions in the Financial Sector; Figures; 1. Cumulative Direct Interventions by Country
- 2. Initial Public Holdings by Bank Characteristics3. Public Asset Holdings by Instrument; 4. Remaining Public Holdings by Bank Characteristics; 5. Bank Liabilities in Public Hands; 6. Divestment and Macroeconomic Aggregates; 7. Divestment and Financial System Characteristics; 8. Direct Holdings by Instrument Pecking Order; 9. Asset Holdings by Instrument; 10. Recovery Rate; 11. Indirect Fiscal Impact of Government Interventions; 12. Total Fiscal Impact of Government Interventions; A1. Gross Direct Interventions in Country-Level vs Bank-Level Datasets; A2. Public Asset Holdings by Instrument
- A3. Bank Liabilities in Public Hands-Equity SharesA4. Bank Liabilities in Public Hands-Hybrid Securities; A5. Bank Liabilities in Public Hands-Debt; Boxes; 1. Linking Direct Interventions to Public Finances; 2. Fiscal Impact: Stock-Flow vs Cash-Flow Approaches; Appendices; I. Constructing the Bank-Level Dataset; Methodological Challenges; Case-by-Case Summaries; Australia; Austria; Belgium; Brazil; Bulgaria; Canada; Croatia; Cyprus; Czech Republic; Denmark; Estonia; Finland; France; Germany; Greece; Hungary; Ireland; Italy; Japan; Latvia; Lithuania; Luxembourg; Malta; Netherlands; New Zealand
- PolandPortugal; Romania; Russia; Slovak Republic; Slovenia; Spain; Sweden; Switzerland; Ukraine; United Kingdom; United States; Cross-Country Cases; II. Fiscal Implications of Gross Direct Interventions by Country; III. Comparing the Two Datasets; IV. Additional Figures