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Commodity Price Movements and Banking Crises.
We develop an empirical model to predict banking crises in a sample of 60 low-income countries (LICs) over the 1981-2015 period. Given the recent emergence of financial sector stress associated with low commodity prices in several LICs, we assign price movements in primary commodities a key role in...
| Clasificación: | Libro Electrónico |
|---|---|
| Autor principal: | |
| Otros Autores: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Washington, D.C. :
International Monetary Fund,
2018.
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| Colección: | IMF Working Papers; Working Paper ;
no. 18/153. |
| Temas: | |
| Acceso en línea: | Texto completo |
Tabla de Contenidos:
- Cover; Contents; 1 Introduction; 2 Data and Descriptive Analysis; 2.1 Sample; 2.2 Variable Construction and Sources; 2.3 Variable Transformation; 2.4 Event Analysis; 3 Empirical Model and Implementation; 4 Results and Discussion; 4.1 Main results; 4.2 Goodness of Fit; 4.3 Robustness of the Baseline; 4.4 The Role of Leverage; 4.5 Capital Inflows Bonanza; 4.6 Cross-Sectional Heterogeneity; 5 Concluding Remarks; A: Data Sources and Sample Makeup; B: Additional Figures; C: Additional Regression Results.