Banking crises and human rights

Peer-reviewed Journal Article

Pfaff, Katharina; Jerg Gutman & Stefan Voigt (2017) Banking crises and human rights, Applied Economic Letters 24(19): 1374–1377.

​We examine the effect of banking crises on a country’s protection of basic human rights. Our results indicate that banking crises have a causal, substantive and robust negative effect on human rights, particularly in nondemocracies. This adds to our understanding of how economic shocks can politically destabilize countries.

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