What determines output losses after banking crises?

We examine the output costs associated with 150 banking crises using cross country data for years after 1970. Many banking crises do not lead to contractions and most banking crises do not lead to large contractions, a result that holds for developed and developing economies. We examine which variab...

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Veröffentlicht in:Journal of international money and finance 2016-12, Vol.69, p.69-94
Hauptverfasser: Devereux, John, Dwyer, Gerald P.
Format: Artikel
Sprache:eng
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