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The Economic Effects of a Borrower Bailout: Evidence from an Emerging Market

Xavier Giné and Martin Kanz.

in The Review of Financial Studies

May 2018; p ublished online July 2017 .

Journal Article. Subjects: Banking; Financial Regulation; Economic Development; Development Planning and Policy. 14699 words.


We study the credit market impact and real effects of one of the largest borrower bailouts in history, enacted by the government of India against the...