1.

Record Nr.

UNINA9910786483303321

Autore

Valencia Fabian

Titolo

Systemic Banking Crises Database : : An Update / / Fabian Valencia, Luc Laeven

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2012

ISBN

1-4755-9696-0

1-4755-4448-0

Descrizione fisica

1 online resource (34 p.)

Collana

IMF Working Papers

Altri autori (Persone)

LaevenLuc

Soggetti

Financial crises

Bank failures

Liquidity (Economics)

Credit

Off balance sheet financing

Capital movements

Banks and Banking

Financial Risk Management

Macroeconomics

Monetary Policy, Central Banking, and the Supply of Money and Credit: General

Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General

Financial Institutions and Services: General

Financial Crises

Banks

Depository Institutions

Micro Finance Institutions

Mortgages

Foreign Exchange

Economic & financial crises & disasters

Banking

Banking crises

Systemic crises

Currency crises

Banks and banking

Ireland



Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Cover; Abstract; Contents; I. Introduction; II. Banking Crises Episodes; A. Ongoing Banking Crises; Tables; 1. Systemic Banking Crises, 2007-2011; Figures; 1. Frequency of Starting Month of Banking Crises; 2. Frequency of Systemic Banking Crises Around the World, 1970-2011; B. Banking Crisis Cycles; 3. Banking Crises Cycles; III. Currency and Sovereign Debt Crisis; A. Occurrence of Twin and Triplet Crises; B. Sequencing of Financial Crises; 4. Simultaneous Crises; IV. Policy Responses and Outcomes in Banking Crises; A. Policy Response

5. Timing of Currency and Sovereign Debt Crises Relative to Banking Crises6. Differences in the Mix of Crisis Policies; B. Outcomes; 7. Output Losses for Selected Crises Episodes; 2. Banking Crises Outcomes, 1970-2011; 8. Costliest Banking Crises Since 1970; 9. Fiscal Costs Relative to GDP and Financial System Assets; 3. Comparison of Market and Accounting Values of Bank Equity, end-2010; 4. Crises Outcomes and Resolution in the Euro Area and the United States; V. Conclusions; Appendix Tables; A1. Banking Crises Dates and Costs, 1970-2011

A2. Direct Fiscal Outlays, Recoveries to Date, and Asset Guarantees, 2007-2011A3. Systemic Banking Crises Policy Responses, 2007-2011; References

Sommario/riassunto

We update the widely used banking crises database by Laeven and Valencia (2008, 2010) with new information on recent and ongoing crises, including updated information on policy responses and outcomes (i.e. fiscal costs, output losses, and increases in public debt). We also update our dating of sovereign debt and currency crises. The database includes all systemic banking, currency, and sovereign debt crises during the period 1970-2011. The data show some striking differences in policy responses between advanced and emerging economies as well as many similarities between past and ongoing crises.