Cross-Country Empirical Studies of Systemic Bank Distress: A Survey

Asli Demirguc-Kunt and Enrica Detragiache ()

No 2005/096, IMF Working Papers from International Monetary Fund

Abstract: 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.

Keywords: WP; banking crisis; bank fragility; crisis episode; crisis probability; crisis duration; currency crisis; tequila crisis (search for similar items in EconPapers)
Pages: 32
Date: 2005-05-01
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Citations: View citations in EconPapers (257)

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Related works:
Journal Article: Cross-Country Empirical Studies of Systemic Bank Distress: A Survey (2005)
Journal Article: Cross-Country Empirical Studies of Systemic Bank Distress: A Survey (2005)
Working Paper: Cross-country empirical studies of systemic bank distress: a survey (2005)
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