resulted in deeper credit markets. To measure banking sectorreforms we use a new index that tracks policy changes in five … significantly influencethe effect of banking reforms on financial development. …

paper first presents stylized facts of international banking activities during the crisis. It then describes a simple model … liabilities of banks, a global deleveraging of international banking activities can occur. Simple simulations are presented to …€™ banking systems during the financial crisis to calibrate the shock. The outcome of the simulations is compared with the …

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 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 …

This paper studies whether compliance with the Basel Core Principles for Effective Banking Supervision (BCPs) improves … upgrade banking regulation and supervision should consider giving priority to information provision over other elements of the …