Banking Crises in Emerging Markets: Presumptions and Evidence

Barry Eichengreen and Carlos Arteta ()

Macroeconomics from University Library of Munich, Germany

Abstract: The existing empirical literature on banking crises has not produced agreement on their causes. Using a sample of 75 emerging markets in 1975-1997, we attempt to determine what we know about banking crises by establishing which previous results are robust. Among the robust causes of emerging-market banking crises are rapid domestic credit growth, large bank liabilities relative to reserves, and deposit- rate decontrol. On the other hand, there is no compelling evidence of any particular relationship between exchange rate regimes and crises. Finally, the evidence that deposit insurance or a weak institutional environment heighten crisis risk appears to be fragile.

JEL-codes: E44 G21 (search for similar items in EconPapers)
Pages: 60 pages
Date: 2001-02-09
Note: 60 pages, Acrobat .pdf
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (11)

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https://econwpa.ub.uni-muenchen.de/econ-wp/mac/papers/0012/0012012.pdf (application/pdf)

Related works:
Working Paper: Banking Crises in Emerging Markets: Presumptions and Evidence (2000)
Working Paper: Banking Crises in Emerging Markets: Presumptions and Evidence (2000)
Working Paper: Banking Crises in Emerging Markets: Presumptions and Evidence (2000)
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Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpma:0012012

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