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Systemic banking crises database

Laeven,L.
; 
Valencia,F.
Abstract
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.
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Date
2013
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Tilburg University Research Output Collection
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Keywords
SDG 10 - Reduced Inequalities
Citation
Laeven, L & Valencia, F 2013, 'Systemic banking crises database', IMF Economic Review, vol. 61, pp. 225-270.
URI
https://hdl.handle.net/20.500.14602/59228
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