External authors

Mícheál O’Keeffe

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Working Paper

The political economy of financial crisis policy

Government intervention to stabilise financial systems in times of banking crises ultimately involves political decisions. This paper sheds light on how certain political variables influence policy choices during banking crises and hence have an impact on fiscal outlays. 

By: Mícheál O’Keeffe and Alessio Terzi Topic: Banking and capital markets, Macroeconomic policy Date: July 7, 2015