Market Phoenixes and Banking Ducks Are Recoveries Faster in Market-Based Financial Systems?
Recoveries vary considerably across countries: our paper compares recoveries in bank-based and market-based economies and finds that market-based economies experience significantly and durably stronger rebounds than the bank-based ones (in particular the more bank-based economies of continental Euro...
Gespeichert in:
| Hauptverfasser: | , |
|---|---|
| Format: | Buch |
| Sprache: | eng |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Tags: |
Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
|
| container_end_page | |
|---|---|
| container_issue | |
| container_start_page | |
| container_title | |
| container_volume | |
| creator | Allard, Julien Blavy, Rodolphe |
| description | Recoveries vary considerably across countries: our paper compares recoveries in bank-based and market-based economies and finds that market-based economies experience significantly and durably stronger rebounds than the bank-based ones (in particular the more bank-based economies of continental Europe). Further, stronger recoveries also tend to be associated with broader economic flexibility. Our findings suggest that dealing with bank sector vulnerabilities is paramount to support the recovery. In the medium term, structural policies to deepen financial markets are useful, but need to be complemented with structural measures to address rigidities more broadly in the real economy. |
| format | Book |
| fullrecord | <record><control><sourceid>proquest_imf_p</sourceid><recordid>TN_cdi_imf_primary_98899781463902292</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><sourcerecordid>EBC1587600</sourcerecordid><originalsourceid>FETCH-LOGICAL-b10251-de659ddbc0090dd4bbfaec11284f7ad7b8d854af63bc63db994ef5597fdf17cc3</originalsourceid><addsrcrecordid>eNpV0EtLAzEUBeCIKNba_5CF4GogyczksZK2tipUFBU3LoY8bjROm6nJVOy_t1g3ri4HvnMW9wCd0oqXSjDF2SEaKSF_M2FMsWM0kFwoJnhFT9Ao5w9CCKVCipoO0OudTi30-OG9gxi-IWMdHZ7o2Ib4hq82ts14nAA_gu2-IIUdmOvcQ8Ih4n23mOgMDs9D1NEGvcRP2x1Y5cszdOT1MsPo7w7Ry3z2PL0pFvfXt9PxojCUsJoWDnitnDOWEEWcq4zxGiylTFZeaCeMdLKutOelsbx0RqkKfF0r4Z2nwtpyiC72w-vUfW4g9w2YrmstxD7pZTObTGktBSdkJ8_3Mqx8s05hpdO2UVKqfy8rfwCPYGCl</addsrcrecordid><sourcetype>Publisher</sourcetype><iscdi>true</iscdi><recordtype>book</recordtype><pqid>EBC1587600</pqid></control><display><type>book</type><title>Market Phoenixes and Banking Ducks Are Recoveries Faster in Market-Based Financial Systems?</title><source>IMF E-Library</source><creator>Allard, Julien ; Blavy, Rodolphe</creator><creatorcontrib>Allard, Julien ; Blavy, Rodolphe</creatorcontrib><description>Recoveries vary considerably across countries: our paper compares recoveries in bank-based and market-based economies and finds that market-based economies experience significantly and durably stronger rebounds than the bank-based ones (in particular the more bank-based economies of continental Europe). Further, stronger recoveries also tend to be associated with broader economic flexibility. Our findings suggest that dealing with bank sector vulnerabilities is paramount to support the recovery. In the medium term, structural policies to deepen financial markets are useful, but need to be complemented with structural measures to address rigidities more broadly in the real economy.</description><edition>1</edition><identifier>ISBN: 9781463902292</identifier><identifier>ISBN: 1463920482</identifier><identifier>ISBN: 9781463972967</identifier><identifier>ISBN: 1463902298</identifier><identifier>ISBN: 1463972962</identifier><identifier>ISBN: 9781463920487</identifier><identifier>EISBN: 1463972962</identifier><identifier>EISBN: 9781463972967</identifier><identifier>OCLC: 867927641</identifier><language>eng</language><publisher>Washington: International Monetary Fund</publisher><subject>Banking Sector ; Banks and banking ; Capital market ; Developed Countries ; Economic Crises ; Economic Recovery ; Financial crises ; Financial Intermediation ; Financial Systems ; Recoveries</subject><creationdate>2011</creationdate><tpages>26</tpages><format>26</format><oa>free_for_read</oa><woscitedreferencessubscribed>false</woscitedreferencessubscribed></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><link.rule.ids>306,307,780,784,786,787,2603,2617,62140</link.rule.ids></links><search><creatorcontrib>Allard, Julien</creatorcontrib><creatorcontrib>Blavy, Rodolphe</creatorcontrib><title>Market Phoenixes and Banking Ducks Are Recoveries Faster in Market-Based Financial Systems?</title><description>Recoveries vary considerably across countries: our paper compares recoveries in bank-based and market-based economies and finds that market-based economies experience significantly and durably stronger rebounds than the bank-based ones (in particular the more bank-based economies of continental Europe). Further, stronger recoveries also tend to be associated with broader economic flexibility. Our findings suggest that dealing with bank sector vulnerabilities is paramount to support the recovery. In the medium term, structural policies to deepen financial markets are useful, but need to be complemented with structural measures to address rigidities more broadly in the real economy.</description><subject>Banking Sector</subject><subject>Banks and banking</subject><subject>Capital market</subject><subject>Developed Countries</subject><subject>Economic Crises</subject><subject>Economic Recovery</subject><subject>Financial crises</subject><subject>Financial Intermediation</subject><subject>Financial Systems</subject><subject>Recoveries</subject><isbn>9781463902292</isbn><isbn>1463920482</isbn><isbn>9781463972967</isbn><isbn>1463902298</isbn><isbn>1463972962</isbn><isbn>9781463920487</isbn><isbn>1463972962</isbn><isbn>9781463972967</isbn><fulltext>true</fulltext><rsrctype>book</rsrctype><creationdate>2011</creationdate><recordtype>book</recordtype><sourceid>2BV</sourceid><recordid>eNpV0EtLAzEUBeCIKNba_5CF4GogyczksZK2tipUFBU3LoY8bjROm6nJVOy_t1g3ri4HvnMW9wCd0oqXSjDF2SEaKSF_M2FMsWM0kFwoJnhFT9Ao5w9CCKVCipoO0OudTi30-OG9gxi-IWMdHZ7o2Ib4hq82ts14nAA_gu2-IIUdmOvcQ8Ih4n23mOgMDs9D1NEGvcRP2x1Y5cszdOT1MsPo7w7Ry3z2PL0pFvfXt9PxojCUsJoWDnitnDOWEEWcq4zxGiylTFZeaCeMdLKutOelsbx0RqkKfF0r4Z2nwtpyiC72w-vUfW4g9w2YrmstxD7pZTObTGktBSdkJ8_3Mqx8s05hpdO2UVKqfy8rfwCPYGCl</recordid><startdate>20110901</startdate><enddate>20110901</enddate><creator>Allard, Julien</creator><creator>Blavy, Rodolphe</creator><general>International Monetary Fund</general><scope>2BV</scope><scope>C-M</scope><scope>KRY</scope></search><sort><creationdate>20110901</creationdate><title>Market Phoenixes and Banking Ducks Are Recoveries Faster in Market-Based Financial Systems?</title><author>Allard, Julien ; Blavy, Rodolphe</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-b10251-de659ddbc0090dd4bbfaec11284f7ad7b8d854af63bc63db994ef5597fdf17cc3</frbrgroupid><rsrctype>books</rsrctype><prefilter>books</prefilter><language>eng</language><creationdate>2011</creationdate><topic>Banking Sector</topic><topic>Banks and banking</topic><topic>Capital market</topic><topic>Developed Countries</topic><topic>Economic Crises</topic><topic>Economic Recovery</topic><topic>Financial crises</topic><topic>Financial Intermediation</topic><topic>Financial Systems</topic><topic>Recoveries</topic><toplevel>online_resources</toplevel><creatorcontrib>Allard, Julien</creatorcontrib><creatorcontrib>Blavy, Rodolphe</creatorcontrib><collection>IMF E-Library</collection><collection>IMF Books & Analytical Papers</collection><collection>International Monetary Fund (IMF)</collection></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Allard, Julien</au><au>Blavy, Rodolphe</au><format>book</format><genre>book</genre><ristype>BOOK</ristype><btitle>Market Phoenixes and Banking Ducks Are Recoveries Faster in Market-Based Financial Systems?</btitle><date>2011-09-01</date><risdate>2011</risdate><isbn>9781463902292</isbn><isbn>1463920482</isbn><isbn>9781463972967</isbn><isbn>1463902298</isbn><isbn>1463972962</isbn><isbn>9781463920487</isbn><eisbn>1463972962</eisbn><eisbn>9781463972967</eisbn><abstract>Recoveries vary considerably across countries: our paper compares recoveries in bank-based and market-based economies and finds that market-based economies experience significantly and durably stronger rebounds than the bank-based ones (in particular the more bank-based economies of continental Europe). Further, stronger recoveries also tend to be associated with broader economic flexibility. Our findings suggest that dealing with bank sector vulnerabilities is paramount to support the recovery. In the medium term, structural policies to deepen financial markets are useful, but need to be complemented with structural measures to address rigidities more broadly in the real economy.</abstract><cop>Washington</cop><pub>International Monetary Fund</pub><oclcid>867927641</oclcid><tpages>26</tpages><edition>1</edition><oa>free_for_read</oa></addata></record> |
| fulltext | fulltext |
| identifier | ISBN: 9781463902292 |
| ispartof | |
| issn | |
| language | eng |
| recordid | cdi_imf_primary_98899781463902292 |
| source | IMF E-Library |
| subjects | Banking Sector Banks and banking Capital market Developed Countries Economic Crises Economic Recovery Financial crises Financial Intermediation Financial Systems Recoveries |
| title | Market Phoenixes and Banking Ducks Are Recoveries Faster in Market-Based Financial Systems? |
| url | https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2025-01-04T06%3A04%3A06IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-proquest_imf_p&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.btitle=Market%20Phoenixes%20and%20Banking%20Ducks%20Are%20Recoveries%20Faster%20in%20Market-Based%20Financial%20Systems?&rft.au=Allard,%20Julien&rft.date=2011-09-01&rft.isbn=9781463902292&rft.isbn_list=1463920482&rft.isbn_list=9781463972967&rft.isbn_list=1463902298&rft.isbn_list=1463972962&rft.isbn_list=9781463920487&rft_id=info:doi/&rft_dat=%3Cproquest_imf_p%3EEBC1587600%3C/proquest_imf_p%3E%3Curl%3E%3C/url%3E&rft.eisbn=1463972962&rft.eisbn_list=9781463972967&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_pqid=EBC1587600&rft_id=info:pmid/&rfr_iscdi=true |