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Systemic Banking Crises Database

delete2013-06-26
delete780
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OA
AI
L
Luc Laeven *
F
Fabián Valencia
DOI:10.1057/imfer.2013.12delete
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Abstract

Abstract

En 中文
The paper presents a comprehensive database on systemic banking crises during 1970-2011. It proposes a methodology to date banking crises based on policy indices, and examines the robustness of this approach. The paper also presents information on the costs and policy responses associated with banking crises. The database on banking crises episodes is further complemented with dates for sovereign debt and currency crises during the same period. The paper contrasts output losses across different crises and finds that sovereign debt crises tend to be more costly than banking crises, and these in turn tend to be more costly than currency crises. The data also point to significant differences in policy responses between advanced and emerging economies.
Keywords:
CURRENCY CRASHES

Journal

IMF Economic Review cover
IMF Economic Review
IF:
2.2
Papers:
447
Citations:
1.3K

Organization

I
International Monetary Fund
Scholars:
763
Papers: 872
Citations: 1.4K