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Keywords: Output losses
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Journal Articles
Journal:
Journal of Financial Economic Policy
Journal of Financial Economic Policy (2014) 6 (4): 342–361.
Published: 28 October 2014
.../methodology/approach – We test the impact of stock market capitalization, liquidity and turnover on the output losses of 76 banking crises in 66 countries over the period of 1975-2008. Findings – Our results indicate that stock markets can mitigate the effect of banking crises on economic activity...
