Cross-country empirical studies of systemic bank distress : a survey /
"A rapidly growing empirical literature is studying the causes and consequences of bank fragility in contemporary economies. The authors reviews the two basic methodologies adopted in cross-country empirical studies-the signals approach and the multivariate probability model-and their applicati...
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| Format: | Book |
| Language: | English |
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[Washington, D.C.] :
[World Bank],
[2005]
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| Series: | Policy research working papers ;
3719 World Bank e-Library |
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| Summary: | "A rapidly growing empirical literature is studying the causes and consequences of bank fragility in contemporary economies. The authors reviews the two basic methodologies adopted in cross-country empirical studies-the signals approach and the multivariate probability model-and their application to study 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. "--World Bank web site |
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| Item Description: | Title from PDF file as viewed on 9/16/2005 |
| Physical Description: | 1 online resource Also available in print |
| Format: | Mode of access: World Wide Web |
| Bibliography: | Includes bibliographical references |
| Access: | Restricted for use by site license |