Hidden Bibliographic Details
Other authors / contributors: | Detragiache, Enrica.
International Monetary Fund. Research Department.
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ISBN: | 1283562243 9781283562249 1451898517 9781451898514 1462329756 9781462329755 1452717958 9781452717951 9786613874696 6613874698 9781451947175 1451947178
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Notes: | Includes bibliographical references (pages 29-31). Restrictions unspecified Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010. Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 English. digitized 2010 HathiTrust Digital Library committed to preserve Print version record.
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Summary: | Annotation The paper studies the factors associated with the emergence of systemic banking crises in a large sample of developed and developing countries in 198094, using a multivariate logit econometric model. the results suggest that crises tend to erupt when the macroeconomic environment is weak, particularly when growth is low and inflation is high. Also, high real interest rates are clearly associated with systemic banking sector problems, and there is some evidence that vulnerability to balance of payments crises has played a role. Countries with an explicit deposit insurance scheme were particularly at risk, as were countries with weak law enforcement.
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Other form: | Print version: Demirgüç-Kunt, Aslı, 1961- Determinants of banking crises. [Washington, D.C.] : International Monetary Fund, Research Dept., ©1997
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Standard no.: | 10.5089/9781451898514.001
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