... the banking crisis.7This loss of monetary control, however, does not seem to be driven by central bank lending to the banking system, as central bank credit does not significantly ... 2431Inside the Crisis Contemporary banking crisesare not accompanied bydeclines in aggregate bank An Empirical Analysis of Banking deposits, and credit does notSystems in Distress ... University.Chang, Roberto, and Andres Velasco, 1997, OFinancial Fragility and the Exchange RateRegimeg, Working Paper No. 16, Federal Reserve Bank of Atlanta., 1998, OFinancial Crises...