Books written by Mr.Luc Laeven

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  Systemic Banking Crises Revisited

  This paper updates the database on systemic banking crises presented in Laeven and Valencia (2008, 2013).

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  Principles of Household Debt Restructuring

  This paper examines the estimated compliance with the macroeconomic convergence targets for 2008, based on estimates contained in the IMF’s Regional Economic Outlook: Sub-Saharan Africa (the REO).

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  Financial Crises: Causes, Consequences, and Policy Responses

  This book surveys a wide range of crises, including banking, balance of payments, and sovereign debt crises. It begins with an overview of the various types of crises and introduces a comprehensive database of crises.

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  Capital Structure and International Debt Shifting

  This paper presents a model of a multinational firm's optimal debt policy that incorporates international taxation factors.

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  Deposit Insurance Database

  This paper provides a comprehensive, global database of deposit insurance arrangements as of 2013.

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  Lessons and Policy Implications from the Global Financial Crisis

  The ongoing global financial crisis is rooted in a combination of factors common to previous financial crises and some new factors.

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  Resolution of Banking Crises: The Good, the Bad, and the Ugly

  This paper presents a new database of systemic banking crises for the period 1970-2009.

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  Bank Leverage and Monetary Policy's Risk-Taking Channel: Evidence from the United States

  We present evidence of a risk-taking channel of monetary policy for the U.S. banking system.

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  Monetary Policy, Leverage, and Bank Risk Taking

  We provide a theoretical foundation for the claim that prolonged periods of easy monetary conditions increase bank risk taking.

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  Managing the Sovereign-Bank Nexus

  This paper reviews empirical and theoretical work on the links between banks and their governments (the bank-sovereign nexus).

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  Managing the Sovereign-Bank Nexus

  This paper reviews empirical and theoretical work on the links between banks and their governments (the bank-sovereign nexus).

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  Managing Capital Inflows: What Tools to Use?

  These papers are generally brief and written in nontechnical language, and so are aimed at a broad audience interested in economic policy issues. This Web-only series replaced Staff Position Notes in January 2011.