Financial crises and bank failures: A review of prediction methods

Yuliya Demyanyk and Iftekhar Hasan

Omega, 2010, vol. 38, issue 5, 315-324

Abstract: In this article we provide a summary of empirical results obtained in several economics and operations research papers that attempt to explain, predict, or suggest remedies for financial crises or banking defaults; we also outline the methodologies used in them. We analyze financial and economic circumstances associated with the US subprime mortgage crisis and the global financial turmoil that has led to severe crises in many countries. The intent of this article is to promote future empirical research for preventing bank failures and financial crises.

Keywords: Subprime; Mortgage; Financial; crisis; Default (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (100)

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Related works:
Working Paper: Financial crises and bank failures: a review of prediction methods (2009)
Working Paper: Financial crises and bank failures: a review of prediction methods (2009)
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