LEADER 03937nam 2200745Ia 450 001 9910814619203321 005 20200520144314.0 010 $a1-4755-9696-0 010 $a1-4755-4448-0 035 $a(CKB)2670000000278853 035 $a(EBL)1606812 035 $a(SSID)ssj0001032922 035 $a(PQKBManifestationID)11651820 035 $a(PQKBTitleCode)TC0001032922 035 $a(PQKBWorkID)10999092 035 $a(PQKB)10649548 035 $a(Au-PeEL)EBL1606812 035 $a(CaPaEBR)ebr10627074 035 $a(OCoLC)870244972 035 $a(IMF)WPIEE2012163 035 $a(IMF)WPIEA2012163 035 $a(MiAaPQ)EBC1606812 035 $a(EXLCZ)992670000000278853 100 $a20080922d2012 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aSystemic banking crises $ean update /$fprepared by Luc Laeven and Fabian Valencia 205 $a1st ed. 210 $aWashington, D.C. $cInternational Monetary Fund$d2012 215 $a1 online resource (34 p.) 225 0 $aIMF working paper ;$v12/163 300 $aDescription based upon print version of record. 311 $a1-4755-7859-8 311 $a1-4755-0505-1 320 $aIncludes bibliographical references. 327 $aCover; 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 327 $a5. 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 327 $aA2. Direct Fiscal Outlays, Recoveries to Date, and Asset Guarantees, 2007-2011A3. Systemic Banking Crises Policy Responses, 2007-2011; References 330 3 $aWe update the widely used banking crises database by Laeven and Valencia (2008, 2010) with new information on recent and ongoing crises, including updated information on policy responses and outcomes (i.e. fiscal costs, output losses, and increases in public debt). We also update our dating of sovereign debt and currency crises. The database includes all systemic banking, currency, and sovereign debt crises during the period 1970-2011. The data show some striking differences in policy responses between advanced and emerging economies as well as many similarities between past and ongoing crises. 410 0$aIMF Working Papers; Working Paper ;$vNo. 2012/163 606 $aFinancial crises 606 $aBank failures 606 $aLiquidity (Economics) 606 $aCredit 606 $aOff balance sheet financing 606 $aCapital movements 615 0$aFinancial crises. 615 0$aBank failures. 615 0$aLiquidity (Economics) 615 0$aCredit. 615 0$aOff balance sheet financing. 615 0$aCapital movements. 676 $a332.1 700 $aLaeven$b Luc$01593549 701 $aValencia$b Fabian$01631788 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910814619203321 996 $aSystemic Banking Crises$94058517 997 $aUNINA