TY  - BOOK
ED  - International Monetary Fund.
TI  - Leading Indicators of Banking Crises: Was Asia Different?
T2  - IMF Working Papers; Working Paper
SN  - 1451951744 :
SN  - 1018-5941
PY  - 1998///
CY  - Washington, D.C.
PB  - International Monetary Fund
KW  - Banking Crises
KW  - imf
KW  - Banking Sector
KW  - Banking System Distress
KW  - Banking System
KW  - Banking
KW  - Leading Indicators
KW  - East Asia
KW  - Indonesia
KW  - Korea, Republic of
KW  - Mexico
KW  - Philippines
KW  - Thailand
N2  - This paper examines episodes of the banking system distress and crisis in a large sample of countries. The empirical results identify several macroeconomic and financial variables as useful leading indicators. The main macroeconomic indicators were of limited value in predicting the Asian crises; the best warning signs were proxies for the vulnerability of the banking and corporate sector. Full-blown banking crises are shown to be more associated with external developments, and domestic variables are the main leading indicators of severe but contained banking distress
UR  - http://elibrary.imf.org/view/IMF001/04236-9781451951745/04236-9781451951745/04236-9781451951745.xml
UR  - http://www.imfbookstore.org/IMFORG/9781451951745
ER  -