Cross-Country Empirical Studies of Systemic Bank Distress

Cross-Country Empirical Studies of Systemic Bank Distress PDF Author: Ms.Enrica Detragiache
Publisher: INTERNATIONAL MONETARY FUND
ISBN: 9781451861150
Category : Business & Economics
Languages : en
Pages : 0

Get Book Here

Book Description
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.