80 Pages Posted: 8 Oct 2008
Date Written: September 2008
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: 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
By Luis Jácome
By James Daniel