Cover IMF Working Papers
Inside the Crisis: An Empirical Analysis of Banking Systems in Distress
Author: Mrs. Poonam Gupta, Asli Demirgüç-Kunt, and Ms. Enrica Detragiache
Series:
IMF Working Papers
Volume/Issue:
Volume 2000: Issue 156
Language:
English
Publication Date:
01 Aug 2000
DOI:
https://doi.org/10.5089/9781451857399.001
ISBN:
9781451857399
ISSN:
1018-5941
Pages:
27
Keywords:
WP; bank; deposit; asset; depositor; Banking crises; bank runs; credit crunch; bank credit; bank distress; bank recapitalization plan; bank performance; deposit growth; bank assets; crisis year; bank credit-to-GDP; deposit guarantee; Bank credit; Credit; Commercial banks; East Asia
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IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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Using aggregate and bank level data for several countries, the paper studies what happens to the banking system in the aftermath of a banking crisis. Contemporary crises are not accompanied by declines in aggregate bank deposits, and credit does not fall relative to output, although the growth of both deposits and credit slows down substantially. Output recovery begins in the second year after the crisis and is not led by a resumption in credit growth. Banks, including the stronger ones, reallocate their asset portfolio away from loans.
Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund