Are Banking Crises Really an Equal Opportunity Menace ?
Vincent Bouvatier and
Yamina Tadjeddine
Post-Print from HAL
Abstract:
This paper investigates exposure to banking crises. Based on a long-term perspective and descriptive statistics, Reinhart and Rogoff (2008, 2009) and Qian et al. (2011) concluded that banking crises are equal opportunity menaces in the sense that both advanced and developing economies face the same exposure. This paper confirms this result, relying on the hazard function of a duration model. Moreover, we extend the concept that banking crises are an equal opportunity menace in two directions. First, we show that graduation from inflation, currency, or debt crises does not reduce the exposure to banking crises. Second, we indicate that top banking centers do not have a higher exposure to banking crises.
Keywords: Banking crisis; Discrete-time duration model (search for similar items in EconPapers)
Date: 2019-12-15
References: Add references at CitEc
Citations:
Published in Journal of Economic Integration, 2019, 34 (4), pp.619-666. ⟨10.11130/jei.2019.34.4.619⟩
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
Related works:
Journal Article: Are Banking Crises Really an Equal Opportunity Menace? (2019) 
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-02390133
DOI: 10.11130/jei.2019.34.4.619
Access Statistics for this paper
More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().