BIS Credit-to-GDP Gap Framework

Early Warning System for Banking Crises

19
Countries
3,719
Observations
149
Banking Crises
0.695
Best AUC-ROC
4 pp
Optimal Threshold
1970-2023
Coverage
Key Research Finding

Logistic Regression outperforms complex ML models for crisis prediction (AUC=0.694 vs 0.50-0.56 for tree-based models).

Reason: Signal sparsity (4% pre-crisis observations), near-linear decision boundary, effective feature engineering.

Quick Navigation

Data Tables

View all CSV data: panel observations, signal extraction results, ML model comparison, feature importance, literature.

View Data Tables →

Methodology

Complete documentation of 25 Python scripts: input data, calculations, output charts, data provenance.

View Methodology →

Issues & Limitations

Data limitations, methodology caveats, model constraints, and future research directions.

View Issues →

Data Sources

SourceDatasetCoverageReference
BIS Data PortalWS_CREDIT_GAP40+ countries, 1970-2025Drehmann & Tsatsaronis (2014)
IMFLaeven-Valencia Crisis Database147 crises, 1970-2017Laeven & Valencia (2020)
FDIC/FSB2023 Banking CrisisUS + Switzerland, 2023FSB (2023), BIS BCBS
OpenAlexAcademic Literature200+ papersAPI integration