Systemic Banking Crises: A New Database

80 Pages Posted: 8 Oct 2008  

Luc Laeven

European Central Bank (ECB); Centre for Economic Policy Research (CEPR)

Fabián Valencia

International Monetary Fund (IMF)

Date Written: September 2008

Abstract

This paper presents a new database on the timing of systemic banking crises and policy responses to resolve them. The database covers the universe of systemic banking crises for the period 1970-2007, with detailed data on crisis containment and resolution policies for 42 crisis episodes, and also includes data on the timing of currency crises and sovereign debt crises. The database extends and builds on the Caprio, Klingebiel, Laeven, and Noguera (2005) banking crisis database, and is the most complete and detailed database on banking crises to date.

Keywords: Financial crisis, Banking sector, Banking crisis, Sovereign debt, Databases, Currencies, Spillovers, Economic recovery, Fiscal sustainability, Working Paper

Suggested Citation

Laeven, Luc and Valencia, Fabián, Systemic Banking Crises: A New Database (September 2008). IMF Working Papers, Vol. , pp. 1-78, 2008. Available at SSRN: https://ssrn.com/abstract=1278435

Luc A. Laeven (Contact Author)

European Central Bank (ECB) ( email )

Sonnemannstrasse 22
Frankfurt am Main, 60314
Germany

Centre for Economic Policy Research (CEPR)

77 Bastwick Street
London, EC1V 3PZ
United Kingdom

Fabian V. Valencia

International Monetary Fund (IMF) ( email )

700 19th Street, N.W.
Washington, DC 20431
United States

Paper statistics

Downloads
3,129
Rank
2,459
Abstract Views
9,915