Systemic Banking Crises Database : An Update.
Material type: TextSeries: IMF Working PapersPublisher: Washington DC : International Monetary Fund, 2012Copyright date: ©2012Description: 1 online resource (34 pages)Content type: text Media type: computer Carrier type: online resourceISBN: 9781475544480Subject(s): Bank failures | Capital movements | Credit | Financial crises | Liquidity (Economics) | Off balance sheet financingGenre/Form: Electronic books.Additional physical formats: Print version:: Systemic Banking Crises Database : An UpdateDDC classification: 332.1 LOC classification: HB3722 -- .L34 2012ebOnline resources: Click to ViewCover -- Contents -- Abstract -- I. Introduction -- II. Banking Crises Episodes -- A. Ongoing Banking Crises -- B. Banking Crisis Cycles -- III. Currency and Sovereign Debt Crisis -- A. Occurrence of Twin and Triplet Crises -- B. Sequencing of Financial Crises -- IV. Policy Responses and Outcomes in Banking Crises -- A. Policy Response -- B. Outcomes -- V. Conclusions -- Tables -- 1. Systemic Banking Crises, 2007-2011 -- 2. Banking Crises Outcomes, 1970-2011 -- 3. Comparison of Market and Accounting Values of Bank Equity, end-2010 -- 4. Crises Outcomes and Resolution in the Euro Area and the United States -- Figures -- 1. Frequency of Starting Month of Banking Crises -- 2. Frequency of Systemic Banking Crises Around the World, 1970-2011 -- 3. Banking Crises Cycles -- 4. Simultaneous Crises -- 5. Timing of Currency and Sovereign Debt Crises Relative to Banking Crises -- 6. Differences in the Mix of Crisis Policies -- 7. Output Losses for Selected Crises Episodes -- 8. Costliest Banking Crises Since 1970 -- 9. Fiscal Costs Relative to GDP and Financial System Assets -- Appendix Tables -- A1. Banking Crises Dates and Costs, 1970-2011 -- A2. Direct Fiscal Outlays, Recoveries to Date, and Asset Guarantees, 2007-2011 -- A3. Systemic Banking Crises Policy Responses, 2007-2011 -- References.
We update the widely used banking crises database by Laeven and Valencia (2008, 2010) with new information on recent and ongoing crises, including updated information on policy responses and outcomes (i.e. fiscal costs, output losses, and increases in public debt). We also update our dating of sovereign debt and currency crises. The database includes all systemic banking, currency, and sovereign debt crises during the period 1970-2011. The data show some striking differences in policy responses between advanced and emerging economies as well as many similarities between past and ongoing crises.
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Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2018. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
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