English Abstract: This paper studies the factors associated with the emergence of banking crises and currency crises … banking crises and currency crises.In case of the simple binary models without lag, banking crises were associated with … economic recession, inflation, depreciation, the rise of real interest rate, lending boom. But in case of lag models, banking …

English Abstract: This paper examines how venture capital alters the impact of banking crises on innovation based on … cross-country industry-level data for the period 1980-2012. We exploit the banking crisis as a quasi-experiment for the … tightening of bank credit and show several findings. First, the banking crisis causes a lower aggregate rate of innovation for at …

financial market on domestic financial markets is considered―the contagion effect of asset prices or the transmission effect …