Banking Crises and Crisis Dating.

Many empirical studies of banking crises have employed ""banking crisis"" (BC) indicators constructedusing primarily information on government actions undertaken in response to bank distress. Weformulate a simple theoretical model of a banking industry which we use to identify an...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Loukoianova, Elena
Otros Autores: De Nicoló, Gianni, Boyd, John H.
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington : International Monetary Fund, 2009.
Colección:IMF Working Papers.
Temas:
Bank failures > Econometric models.
Banks and banking > Econometric models.
Economic indicators.
Banques > Faillites > Modèles économétriques.
Indicateurs économiques.
Bank failures > Econometric models
Banks and banking > Econometric models
Economic indicators
Acceso en línea:Texto completo
Descripción
Sumario:Many empirical studies of banking crises have employed ""banking crisis"" (BC) indicators constructedusing primarily information on government actions undertaken in response to bank distress. Weformulate a simple theoretical model of a banking industry which we use to identify and constructtheory-based measures of systemic bank shocks (SBS). Using both country-level and firm-level samples, we show that SBS indicators consistently predict BC indicators based on four major BCseries that have appeared in the literature. Therefore, BC indicatorsactually measure lagged government responses to syste
Descripción Física:1 online resource (52 pages)
ISBN:9781451917178
1451917171

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