Fabian Valencia

TL;DR: In this article, the authors present a new database on the timing of systemic banking crises and policy responses to resolve them, with detailed data on crisis containment and resolution policies for 42 crisis episodes, including currency crises and sovereign debt crises.

TL;DR: In this article, the authors present a comprehensive database on systemic banking crises during 1970-2011 and propose a methodology to date banking crises based on policy indices, and examine the robustness of this approach.

TL;DR: This paper presented a database of systemic banking crises for the period 1970-2009 and found that direct fiscal costs to support financial sector were smaller this time as a consequence of swift policy action and significant indirect support from expansionary monetary and fiscal policy, the widespread use of guarantees on liabilities, and direct purchases of assets.

TL;DR: 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).

TL;DR: 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).