Currency and Banking Crises
Currency and Banking Crises: The Early Warnings of Distress
For example, the debt crisis in 1982, the Mexican crisis in 1994 and the so-called Tequila effect, and the Asian crises in 1997-98 show that capital inflows can ...
Currency Crisis: What It Is, Examples, and Effects - Investopedia
What Is a Currency Crisis? ... In modern history, there have been several instances of currency crises. These are a sudden and drastic devaluation in a nation's ...
A currency crisis raises the probability of a banking crisis or a default crisis. ... The linkage between currency, banking, and default crises increases the ...
Currency and Banking Crises: The Early Warnings of Distress
distress at the onset of the crisis, with the probabilities of currency and banking crises increasing about seven times in ... currency and banking crises look ...
Some Parallels Between Currency and Banking Crises in
BOOK ; crisis model ; fixed price ; bank assets ; asset backing ; government assets ; Currency crises ; Banking crises ; Currencies ; International reserves.
Together or apart? The relationship between currency and banking ...
The occurrence of banking and currency crises in close time intervals has started to attract the attention of the financial crisis literature after the late ...
We measure the individual and joint (“twin”) occurrence of bank and currency crises and assess the extent to which each type of crisis provides information ...
A global database of banking crises was first compiled by Caprio and Klingebiel (1996). The latest version of the database, updated to reflect the recent global ...
Three sisters: The interlinkage between sovereign debt, currency ...
Herz and Tong (2008) also find a weak relationship between lagged currency crises and debt crises. A banking crisis, on the other hand, occurring in the twelve- ...
The Empirics of Currency and Banking Crises | NBER
Marion, "Perspectives on the Recent Currency Crisis Literature," NBER Working Paper No. 6380 , January 1998. On the causes and consequences of banking crises, ...
Financial Crisis: Definition, Causes, and Examples - Investopedia
Some of the historical examples of financial crises include Tulip Mania, the Credit Crisis of 1772, the Stock Crash of 1929, the 1973 OPEC Oil Crisis, the Asian ...
The Twin Crises: The Causes of Banking and Balance-of-Payments ...
This paper analyzes the links between banking and currency crises. The authors find that problems in the banking sector typically precede a currency crisis.
Currency and Banking Crisis: The Early Warnings of Distress
Currency and Banking Crisis: The Early Warnings of Distress ... Abstract: The abruptness and virulence of the 1997 Asian crises have led many to ...
Currency crisis models - Kellogg School of Management
Many currency crises coincide with crises in the financial sector (Diaz-Alejandro, ... balance-sheet exposures may lead to a currency and banking crisis.
Currency and Banking Crises: The Origins and How to Identify Them
The twin currency and banking crises model shows that the link between a currency and banking crisis lies in a problem for both foreign and domestic currency ...
Asian Financial Crisis | Federal Reserve History
However, as the crisis unfolded, it became clear that the strong growth record of these economies had masked important vulnerabilities. In particular, years of ...
Currency and Banking Crises: The Origins and How to Identify Them
... banking crisis and the financial market pressure index to identify the overall financial crises. ... currency and banking crises; financial crises; market ...
Banking and Currency Crises: Differential Diagnostics for ...
... crisis peaked in the mid-1990s and during the global financial crisis of 2008. The overall predominance of banking crises (vis-ŕ-vis currency crises and debt.
Banking Panics of 1931-33 | Federal Reserve History
Bank panics in 1930 and 1931 were regional in nature, but the financial crisis spread throughout the entire nation starting in the fall of 1931.
Banking and currency crises and systemic risk: Lessons from recent ...
More- over, banking crises last 3.1 years on average, twice as long as currency crises. In countries that experienced both a banking and a currency crisis ...
Financial crisis
A financial crisis is any of a broad variety of situations in which some financial assets suddenly lose a large part of their nominal value.