Cross-Country Empirical Studies of Systemic Bank Distress [electronic resource] : A Survey / Asli Demirgüç-Kunt.
Material type:
TextSeries: IMF Working Papers; Working Paper ; No. 05/96Publication details: Washington, D.C. : International Monetary Fund, 2005Description: 1 online resource (32 p.)ISBN: 145186115X :ISSN: 1018-5941Subject(s): Bank Fragility | Banking Crisis | Banking | Deposit Insurance | Financial Fragility | Financial Markets and the Macroeconomy | Argentina | Korea, Republic of | Malaysia | Mexico | ThailandAdditional physical formats: Print Version:: Cross-Country Empirical Studies of Systemic Bank Distress : A SurveyOnline resources: IMF e-Library | IMF Book Store Abstract: A rapidly growing empirical literature is studying the causes and consequences of bank fragility in present-day economies. The paper reviews the two basic methodologies adopted in cross-country empirical studies-the signals approach and the multivariate probability model-and their application to studying the determinants of banking crises. The use of these models to provide early warnings for crises is also reviewed, as are studies of the economic effects of banking crises and of the policies to forestall them. The paper concludes by identifying directions for future research.
A rapidly growing empirical literature is studying the causes and consequences of bank fragility in present-day economies. The paper reviews the two basic methodologies adopted in cross-country empirical studies-the signals approach and the multivariate probability model-and their application to studying the determinants of banking crises. The use of these models to provide early warnings for crises is also reviewed, as are studies of the economic effects of banking crises and of the policies to forestall them. The paper concludes by identifying directions for future research.
Description based on print version record.
There are no comments on this title.