Cross-country empirical studies of systemic bank distress: a survey

Asli Demirguc-Kunt and Enrica Detragiache ()

No 3719, Policy Research Working Paper Series from The World Bank

Abstract: 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 multivariateprobability 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.

Keywords: Banks&Banking Reform; Financial Intermediation; Financial Crisis Management&Restructuring; Macroeconomic Management; Financial Economics (search for similar items in EconPapers)
Date: 2005-09-01
New Economics Papers: this item is included in nep-fmk
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Citations: View citations in EconPapers (281)

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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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Persistent link: https://EconPapers.repec.org/RePEc:wbk:wbrwps:3719

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