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This paper updates the database on systemic banking crises presented in Laeven and Valencia...

A common legacy of banking crises is a large increase in government debt, as fiscal resources are...

In this paper a simple optimizing model is developed to analyze the implications of a banking...

Large fiscal financing needs, both in advanced and emerging market economies, have often been met...

This paper compares experiences with banking crises in seven countries in order to analyze the...

Financial sector reform in the Baltic countries is reviewed in light of the banking crises that...