TY - BOOK ED - International Monetary Fund. TI - IMF Staff papers, Volume 44 No. 3 T2 - IMF Staff Papers SN - 1451973462 : SN - 1020-7635 PY - 1997/// CY - Washington, D.C. PB - International Monetary Fund KW - Bank Failure KW - imf KW - Banking Sector KW - Banking System KW - IMF Staff Papers KW - Individual Banks KW - Nonperforming Loans KW - Mexico N2 - This paper studies the case of Mexico to examine determinants of banking system fragility. The paper tests empirically the proposition that bank fragility is determined by bank-specific factors, macroeconomic conditions, and potential contagion effects. The methodology allows the variables that determine bank failure to differ from those that influence banks' time to failure (or survival rate). Based on the indicators of fragility of individual banks, the paper constructs an index of fragility for the banking system. The framework is applied to the Mexican financial crisis that began in 1994 UR - http://elibrary.imf.org/view/IMF024/16015-9781451973464/16015-9781451973464/16015-9781451973464.xml UR - http://www.imfbookstore.org/IMFORG/9781451973464 ER -