Cross-country empirical studies of systemic bank distress
Subtitle: a survey
By: Asli Demirgüç-Kunt and Enrica Detragiache.
Contributors: Detragiache, Enrica.; World Bank.
Series: Policy research working paper ;; 3719; Policy research working papers (Online) ;; 3719.
Publisher: World Bank
Published: 2005
Place of publication: [Washington, D.C
Language: eng
Format: Electronic resource
Subjects: Bank failures -- Case studies.; Bankruptcy -- Case studies.
Genres: Case studies.
Description: "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.
Notes: Includes bibliographical references.
Title from PDF file as viewed on 9/16/2005.
Also available in print.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.