Publication:
Government, taxes and banking crises

dc.affiliation.dptoUC3M. Departamento de Economía de la Empresaes
dc.contributor.authorHasman, Augusto
dc.contributor.authorLópez, Ángel, L.
dc.contributor.authorSamartín, Margarita
dc.date.accessioned2011-12-16T18:30:20Z
dc.date.available2011-12-16T18:30:20Z
dc.date.issued2011
dc.description.abstractThis paper analyzes the effectiveness of different government policies to prevent the emergence of bank ing crises. In particular, we study the impact on welfare of using taxpayers money to recapitalize banks, government injection of money into the banking system through credit lines, the creation of a buffer and taxes on financial transactions (the Tobin tax). We illustrate the trade off between these policies and derive policy implications.
dc.description.statusPublicado
dc.format.mimetypeapplication/pdf
dc.identifier.bibliographicCitationJournal of banking & finance, vol. 35, n. 10, 2011, pp. 2761-2770
dc.identifier.doi10.1016/j.jbankfin.2011.03.002
dc.identifier.issn2761–2770
dc.identifier.publicationfirstpage2761
dc.identifier.publicationissue10
dc.identifier.publicationlastpage2770
dc.identifier.publicationtitleJournal of banking & finance
dc.identifier.publicationvolume35
dc.identifier.urihttps://hdl.handle.net/10016/12766
dc.identifier.uxxiAR/0000008318
dc.language.isoeng
dc.publisherElsevier
dc.relation.publisherversionhttp://dx.doi.org/10.1016/j.jbankfin.2011.03.002
dc.rights©2011Elsevier B.V.
dc.rights.accessRightsopen access
dc.subject.ecienciaEmpresa
dc.subject.otherBanking crises
dc.subject.otherInformation induced bank runs
dc.subject.otherGovernment policies
dc.subject.otherTaxes
dc.titleGovernment, taxes and banking crises
dc.typeresearch article*
dc.type.hasVersionAM*
dspace.entity.typePublication
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