Showing 1 - 10 of 2,328
large parts of the world. In this paper we explore the financial and the trade channel in a unified framework and quantify …, resulting in larger cumulated output losses and a prolonged crisis particularly in the UK. Stricter enforcement of bank capital …
Persistent link: https://www.econbiz.de/10012920861
This paper presents a new dataset on the dynamics of non-performing loans (NPLs) during 88 banking crises since 1990. The data show similarities across crises during NPL build-ups but less so during NPL resolutions. We find a close relationship between NPL problems-elevated and unresolved...
Persistent link: https://www.econbiz.de/10012155002
information on government actions undertaken in response to bank distress. Weformulate a simple theoretical model of a banking … industry which we use to identify and constructtheory-based measures of systemic bank shocks (SBS). Using both country … have appeared in the literature. Therefore, BC indicatorsactually measure lagged government responses to systemic bank …
Persistent link: https://www.econbiz.de/10014402481
This paper describes the anatomy of two types of balance-sheet macroeconomic crises. Conventional balance-sheet crises are triggered by external imbalances and balance sheet vulnerabilities. They typically occur after capital inflows have led to a substantial build up of foreign currency...
Persistent link: https://www.econbiz.de/10014411568
associated with a specific bank. Our approach defines the banking system as a portfolio of banks and infers the system …
Persistent link: https://www.econbiz.de/10014402510
the probability of financial crisis. It finds that greater tax bias is associated with significantly higher aggregate bank …
Persistent link: https://www.econbiz.de/10014395378
structural reform. Crises are avoided by prudent macroeconomic policies, diligent bank supervision, transparent data …
Persistent link: https://www.econbiz.de/10014403374
Persistent link: https://www.econbiz.de/10009486243
We update the widely used banking crises database by Laeven and Valencia (2008, 2010) with new information on recent and ongoing crises, including updated information on policy responses and outcomes (i.e. fiscal costs, output losses, and increases in public debt). We also update our dating of...
Persistent link: https://www.econbiz.de/10009618518
This paper examines the time-profile of the impact of systemic banking crises on GDP and industrial production using a panel of 24 countries over the inter-war period and compares this to the post-war experience of these countries. We show that banking crises have effects that induce medium-term...
Persistent link: https://www.econbiz.de/10013024666