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The Macroeconomic Consequences of Banking Crises in OECD Countries

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Organisation for Economic Co-operation and Development2026-04-11 收录
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https://www.oecd.org/en/publications/the-macroeconomic-consequences-of-banking-crises-in-oecd-countries_226123651438.html
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This paper examines the characteristics of downturns and subsequent recoveries following past banking crises in OECD countries as well as evidence of any effects on potential output growth. It is differentiated from previous analyses because it makes use of OECD measures of the output gap and potential output. Downturns following banking crises...
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