IMF Staff papers, Volume 46 No. 3 [electronic resource]
- Washington, D.C. : International Monetary Fund, 1999.
- 1 online resource (104 p.)
- IMF Staff Papers .
- IMF Staff Papers .
This paper examines determinants and leading indicators of banking crises. The paper examines episodes of banking system distress and crisis in a large sample of countries to identify which macroeconomic and financial variables can be useful leading indicators. The best warning signs of the recent Asian crises were proxies for the vulnerability of the banking and corporate sector. Full-blown banking crises are shown to be associated more with external developments, and domestic variables are the main leading indicators of severe but contained banking distress.
1451973683 : 18.00 USD
1020-7635
10.5089/9781451973686.024 doi
Banking Crises
Capital Inflows
Exchange Rate
International Monetary Fund
Real Interest Rates
Indonesia
Korea, Republic of
Mexico
Thailand
United States
This paper examines determinants and leading indicators of banking crises. The paper examines episodes of banking system distress and crisis in a large sample of countries to identify which macroeconomic and financial variables can be useful leading indicators. The best warning signs of the recent Asian crises were proxies for the vulnerability of the banking and corporate sector. Full-blown banking crises are shown to be associated more with external developments, and domestic variables are the main leading indicators of severe but contained banking distress.
1451973683 : 18.00 USD
1020-7635
10.5089/9781451973686.024 doi
Banking Crises
Capital Inflows
Exchange Rate
International Monetary Fund
Real Interest Rates
Indonesia
Korea, Republic of
Mexico
Thailand
United States