Series: IMF Working Papers
Author(s): Luc Laeven , and Fabian Valencia
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 June 2010
Keywords: government intervention, macroeconomic policy, banking, recapitalization, banking crises, bank failures, Monetary Policy, Central Banking, and the Supply of Money and Credit: General, Macroeconomic Aspects of Public Finance
This paper presents a new database of systemic banking crises for the period 1970-2009. While there are many commonalities between recent and past crises, both in terms of underlying causes and policy responses, th...