This study looks at the first two years of the banking crisis that erupted in Indonesia in late 1997. It finds that the … banking sector was weak at the outset, and that governance problems intensified the crisis and seriously delayed its … in the costs of resolution. By end-1999, the critical elements to reconstruct the banking system were in place, and the …

Using aggregate and bank level data for several countries, the paper studies what happens to the banking system in the … aftermath of a banking crisis. Contemporary crises are not accompanied by declines in aggregate bank deposits, and credit does …

This paper proposes a stylized sequencing of banking supervision and bank restructuring measures designed to complement …

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 …

A common legacy of banking crises is a large increase in government debt, as fiscal resources are used to shore up the … banking system. Do crisis response strategies that commit more fiscal resources lower the economic costs of crises? Based on … evidence from a sample of 40 banking crises we find that the answer is negative. In fact, policies that are riskier for the …