ABSTRACT
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.
Disclosure statement
No potential conflict of interest was reported by the authors.
Notes
1 Cameron and Trivedi (Citation2005, 883) thoroughly discuss the endogenous treatment model. Gutmann, Neuenkirch, and Neumeier (Citation2016) also describe the estimator in detail and use it to identify causal effects of US sanctions on human rights.