Felcser, Dániel; Körmendi, Gyöngyi - In: MNB Bulletin 5 (2010) 2, pp. 13-21
Our study summarises the experiences of earlier banking crises on the basis of international data. Following a review of the tools which can be used in the initial, acute phase of banking crises and a description of the lessons drawn from their application to date, we examine the macroeconomic...