risks, laying the foundation for future banking sector problems. Sovereign default makes publicly financed bank …

In episodes of significant banking distress or perceived systemic risk to the financial system, policymakers have often … restructuring programs and may increase moral hazard going forward. Using a sample of 42 episodes of banking crises, this paper …

This paper provides an overview of the possible linkages between state-owned banks, privatization, and banking sector … crises. Data on privatizations in over 65 countries is used together with data from the banking crisis literature to consider …

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 …. The database extends and builds on the Caprio, Klingebiel, Laeven, and Noguera (2005) banking crisis database, and is the …

banking supervisors frequently defer intervention and closure. Avoiding the costs of disruption is the principal argument in … systemic crisis to preserve some portion of a widely insolvent banking sector. …

We update the widely used banking crises database by Laeven and Valencia (2008, 2010) with new information on recent … banking, currency, and sovereign debt crises during the period 1970-2011. The data show some striking differences in policy …