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Systemic Banking Crises Database; An Update
Fabian Valencia,Luc Laeven +1 more
TLDR
This article updated the widely used banking crisis 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).Abstract:
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.read more
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Time‐Varying Capital Requirements and Disclosure Rules: Effects on Capitalization and Lending Decisions
TL;DR: In this article, the authors investigate how banks' capital and lending decisions respond to changes in bank-specific capital and disclosure requirements and find that an increase in the bankspecific regulatory capital requirement results in a higher bank capital ratio, brought about via less asset risk.
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Financial liberalization, disaggregated capital flows and banking crisis: Evidence from developing countries
Helmi Hamdi,Nabila Boukef Jlassi +1 more
TL;DR: In this article, the authors examined whether financial liberalization has triggered banking crises in some developing countries, focusing on the role of capital flows as their volatilities threat economic stability and growth.
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Real Estate Valuation, Current Account and Credit Growth Patterns, Before and After the 2008-9 Crisis
TL;DR: This article explored the stability of the conditioning variables accounting for the real estate valuation before and after the crisis of 2008-9, in a panel of 36 countries, recognizing the crisis break.
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Taxing banks: An evaluation of the German bank levy
TL;DR: In this paper, the authors evaluate the German bank levy and find evidence for a reduction in lending and higher deposit rates for those banks which were affected by the levy, which has been implemented since 2011.
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Predicting systemic financial crises with recurrent neural networks
Eero Tölö,Eero Tölö,Eero Tölö +2 more
TL;DR: It is shown that systemic financial crises one to five years ahead can be greatly improved by making use of recurrent neural network architectures, especially suited for dealing with time series input.