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Replication data for: Recovery from Financial Crises: Evidence from 100 Episodes

Version
V0
Resource Type
Dataset
Creator
  • Reinhart, Carmen M.
  • Rogoff, Kenneth S.
Publication Date
2014-05-01
Description
  • Abstract

    We examine the evolution of real per capita GDP around 100 systemic banking crises. Part of the costs of these crises owes to the protracted nature of recovery. On average, it takes about 8 years to reach the pre-crisis level of income; the median is about 6.5 years. Five to six years after the onset of crisis, only Germany and the United States (out of 12 systemic cases) have reached their 2007-2008 peaks in real income. Forty-five percent of the episodes recorded double dips. Post-war business cycles are not the relevant comparator for the recent crises in advanced economies.
Availability
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Relations
  • Is supplement to
    DOI: 10.1257/aer.104.5.50 (Text)
Publications
  • Reinhart, Carmen M., and Kenneth S. Rogoff. “Recovery from Financial Crises: Evidence from 100 Episodes.” American Economic Review 104, no. 5 (May 2014): 50–55. https://doi.org/10.1257/aer.104.5.50.
    • ID: 10.1257/aer.104.5.50 (DOI)

Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-10-12

Reinhart, Carmen M.; Rogoff, Kenneth S. (2014): Replication data for: Recovery from Financial Crises: Evidence from 100 Episodes. Version: V0. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. https://doi.org/10.3886/E112813