large parts of the world. In this paper we explore the financial and the trade channel in a unified framework and quantify … internationally operating banking sector. We investigate the transmission of the crisis via the collapse of export demand and through …

This paper examines the time-profile of the impact of systemic banking crises on GDP and industrial production using a … that banking crises have effects that induce medium-term adjustments on economies. Focusing on an eight-year horizon, it is … clear that the negative effects of systemic banking crises last over the entirety of this time-horizon. The effect has been …

banking crises, considers the type of costs that they impose, and outlines the most common causes of banking crises during the … major sets of crises (post-World War I crisis and the Great Depression); the post-World War II financial lock-down, which … was characterized by a complete absence of banking crises; deregulation and the return of crises in the 1970s; and the …

There is a lively debate on the persistence of the current banking crisis' impact on GDP. Impulse Response Functions … estimation of IRFs by a methodology similar to Jorda's (2005) local projection method is robust to misspecifications of the data … banking crisis leads to an output loss of around 10 percent with little sign of recovery. GDP losses from banking crises are …

the estimation results, two currencies, the Swiss franc and (to a lesser extent) the US dollar qualify as safe haven …

We formulate a simple theoretical model of a banking industry that we use to identify and construct theory …-based measures of systemic bank shocks (SBS). These measures differ from “banking crisis” (BC) indicators employed in many empirical …) and on “banking crisis” (BC) indicators. We find that the impact of these variables on the likelihood of a policy response …