Dating banking crises using incidence and size of bank failures: Four crises reconsidered
Raymond Chaudron () and
Jakob de Haan ()
Journal of Financial Stability, 2014, vol. 15, issue C, 63-75
We analyze three databases of banking crises and investigate their consistency in the identification and timing of crises. We find that there are large and statistically significant discrepancies between the datasets. We also compare the dating of banking crises according to these databases using information on the number and size of bank failures for four crises for which the timing strongly differs across these databases. We conclude that information on these variables allows determining the timing of banking crises more precisely. Our dating of the four crises corresponds closely with that of Laeven and Valencia.
Keywords: Systemic banking crises; Dating of crises; Bank failures; Monetary statistics; Financial accounts (search for similar items in EconPapers)
JEL-codes: G01 G21 N20 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (18) Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:finsta:v:15:y:2014:i:c:p:63-75
Access Statistics for this article
Journal of Financial Stability is currently edited by I. Hasan, W. C. Hunter and G. G. Kaufman
More articles in Journal of Financial Stability from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().