could eventually lead to banking crises. We explore this issue formally by assessing the performance of these debt … categories as early warning indicators (EWIs) for systemic banking crises. We find that they do contain useful information. In …

variable using a Markov Chain Monte Carlo algorithm. Four decades of banking crises are assessed by accounting for the … respond to banking crises …

This paper examines banking crises in a large sample of countries over a forty-year period. A multinomial modeling … policy makers continue to confront banking crises, leading to high economic and social costs, enhanced multinomial modeling …

Historically, unusually strong increases in credit and asset prices have tended to precede banking crises. Could the …

of bad debts made by the two recessions that have hit the Italian economy since 2008. The counterfactual simulations are … performed using the Bank of Italy's Quarterly Model (BIQM). A ‘no-crises scenario' is built for the period 2008-2015. The … recessions – and of the economic policy decisions that were taken to combat their effects – non-financial corporations' bad debts …

which are typically followed by deeper recessions and slower recoveries. Housing finance has come to play a central role in …

which are typically followed by deeper recessions and slower recoveries. Housing finance has come to play a central role in …