It has been argued that credit-to-GDP gaps (credit gap) are useful early warning indicators for banking crises. In addition, the Basel Committee on Banking Supervision has also advocated using these gaps - estimated using a one-sided Hodrick-Prescott filter with a smoothing parameter of 400,000...

The international financial architecture and its reform after the global crisis / Mario Giovanoli -- Reforming the IMF / Sean Hagan -- Crisis prevention : lessons from emerging markets for advanced economies / Jonathan T. Fried and James A. Haley -- Standards and the rule of law after the global...