Generally, one of the important issues related to currency crises is the output losses caused by these phenomena. In … this study, determinants of output losses and particularly the role of the central bank will be evaluated during currency … rate policies on the output losses during currency crises. In this regard, an econometric model with panel data has been …

Generally, one of the important issues related to currency crises is the output losses caused by these phenomena. In … this study, determinants of output losses and particularly the role of the central bank will be evaluated during currency … rate policies on the output losses during currency crises. In this regard, an econometric model with panel data has been …

154 countries from 1970 to 2008, the paper shows that debt crises produce significant and long-lasting output losses …

uncertainty . There is a range of estimates of output losses from financial crises in the literature, and these are also dependent … upon definitions. We find economically significant output losses from various types of crises using a consistent …

unbalanced panel of 159 countries from 1970 to 2006, the paper shows that banking crises produce significant output losses, both … in the short and in the medium term. The effect depends on structural and policy variables. Output losses are larger for …. Among banking intervention policies, liquidity support resulted to be the one associated with lower output losses. …