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Systemic Banking Crises: A New Database

Author

Listed:
  • Mr. Luc Laeven
  • Mr. Fabian Valencia

Abstract

This paper presents a new database on the timing of systemic banking crises and policy responses to resolve them. The database covers the universe of systemic banking crises for the period 1970-2007, with detailed data on crisis containment and resolution policies for 42 crisis episodes, and also includes data on the timing of currency crises and sovereign debt crises. The database extends and builds on the Caprio, Klingebiel, Laeven, and Noguera (2005) banking crisis database, and is the most complete and detailed database on banking crises to date.

Suggested Citation

  • Mr. Luc Laeven & Mr. Fabian Valencia, 2008. "Systemic Banking Crises: A New Database," IMF Working Papers 2008/224, International Monetary Fund.
  • Handle: RePEc:imf:imfwpa:2008/224
    as

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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=22345
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    References listed on IDEAS

    as
    1. Frankel, Jeffrey A. & Rose, Andrew K., 1996. "Currency crashes in emerging markets: An empirical treatment," Journal of International Economics, Elsevier, vol. 41(3-4), pages 351-366, November.
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    5. Stijn Claessens & Daniela Klingebiel & Luc Laeven, 2001. "Financial Restructuring in Banking and Corporate-Sector Crises What Policies to Pursue?," NBER Chapters, in: Managing Currency Crises in Emerging Markets, pages 147-185, National Bureau of Economic Research, Inc.
    6. Honohan, Patrick & Klingebiel, Daniela, 2000. "Controlling the fiscal costs of banking crises," Policy Research Working Paper Series 2441, The World Bank.
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    9. Laeven, Luc & Valencia, Fabián, 2012. "The use of blanket guarantees in banking crises," Journal of International Money and Finance, Elsevier, vol. 31(5), pages 1220-1248.
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    12. Michael P. Dooley & Jeffrey A. Frankel, 2003. "Managing Currency Crises in Emerging Markets," NBER Books, National Bureau of Economic Research, Inc, number dool03-1.
    13. Mr. David S. Hoelscher & Mr. Marc G Quintyn, 2003. "Managing Systemic Banking Crises," IMF Occasional Papers 2003/005, International Monetary Fund.
    14. Mr. Fabian Valencia, 2008. "Banks’ Precautionary Capital and Persistent Credit Crunches," IMF Working Papers 2008/248, International Monetary Fund.
    15. Gonzalo I. Sanhueza, 2001. "Chilean Banking Crisis of the 1980s: Solutions and estimation of the costs," Working Papers Central Bank of Chile 104, Central Bank of Chile.
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    Full references (including those not matched with items on IDEAS)

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