IMF Working Papers

Systemic Banking Crises Database: An Update

By Fabian Valencia, Luc Laeven

June 1, 2012

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Fabian Valencia, and Luc Laeven. Systemic Banking Crises Database: An Update, (USA: International Monetary Fund, 2012) accessed November 21, 2024
Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

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.

Subject: Banking, Banking crises, Currency crises, Financial crises, Systemic crises

Keywords: Banking crisis, Banking system, Cost, Crisis, Economy, WP

Publication Details

  • Pages:

    33

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Working Paper No. 2012/163

  • Stock No:

    WPIEA2012163

  • ISBN:

    9781475505054

  • ISSN:

    1018-5941

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