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Daily Archives: October 3, 2008

IMF Working Paper: Systemic Banking Crises – 1970-2007

Systemic Banking Crises: A New Database, September 2008, by Luc Laeven and Fabian Valencia

  • “This paper presents a new database on the timing of systemic banking crises and policy responses to resolve them. The database covers the universe of systemic banking crises for the period 1970-2007, with detailed data on crisis containment and resolution policies for 42 crisis episodes, and also includes data on the timing of currency crises and sovereign debt crises. The database extends and builds on the Caprio, Klingebiel, Laeven, and Noguera (2005) banking crisis database, and is the most complete and detailed database on banking crises to date.”
  • Related postings on the financial system

Hearing on the Continuing Investigation into the U.S. Attorneys Controversy

Follow up to September 29, 2008 posting, DOJ: An Investigation into the Removal of Nine U.S. Attorneys in 2006, today’s House Judiciary Committee Hearing on: the Continuing Investigation into the U.S. Attorneys Controversy and Related Matters Statement of Glenn A. Fine, Inspector General, U.S. Department of Justice concerning “The Investigation into the Removal of Nine… Continue Reading

Treasurer Comments on California's Borrowing Plans Following Federal Adoption of Economic Recovery Plan

News release: “State Treasurer Bill Lockyer issued the following statement following federal adoption of an economic recovery plan: To meet its cash-flow borrowing needs, the State plans to offer up to $7 billion of Revenue Anticipation Notes (RANs) in a public offering during the week of October 13. The sale will be managed by Banc… Continue Reading

Bureau of Labor Statistics: The Employment Situation, September 2008

News release: “Nonfarm payroll employment declined by 159,000 in September, and the unemployment rate held at 6.1 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. Employment continued to fall in construction, manufacturing, and retail trade, while mining and health care continued to add jobs.” Continue Reading

Global Climate Change and Extreme Weather Events

Global Climate Change and Extreme Weather Events: Understanding the Contributions to Infectious Disease Emergence: Workshop Summary, 2008. “Long before the germ theory of disease was described, late in the nineteenth century, humans knew that climatic conditions influence the appearance and spread of epidemic diseases. Ancient notions about the effects of weather and climate on disease… Continue Reading