NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Banking Crises: An Equal Opportunity Menace

Carmen M. Reinhart, Kenneth S. Rogoff

NBER Working Paper No. 14587
Issued in December 2008

---- Acknowledgements -----

The authors are grateful to Vincent Reinhart, Keyu Jin, Tarek Hassan, Vania Stavrakeva for useful comments and suggestions on an earlier draft, and to Cesar Sosa, Chenzi Xu and Jan Zilinsky for excellent research assistance. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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