The determinants of banking crises : evidence from developing and developed countries /

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Bibliographic Details
Author / Creator:Demirgüç-Kunt, Aslı, 1961-
Imprint:[Washington, D.C.] : International Monetary Fund, Research Dept., ©1997.
Description:1 online resource (31 pages)
Language:English
Series:IMF working paper, 2227-8885 ; WP/97/106
IMF working paper ; WP/97/106.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12496460
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Other authors / contributors:Detragiache, Enrica.
International Monetary Fund. Research Department.
ISBN:1283562243
9781283562249
1451898517
9781451898514
1462329756
9781462329755
1452717958
9781452717951
9786613874696
6613874698
9781451947175
1451947178
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.
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Print version record.
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.
Other form:Print version: Demirgüç-Kunt, Aslı, 1961- Determinants of banking crises. [Washington, D.C.] : International Monetary Fund, Research Dept., ©1997
Standard no.:10.5089/9781451898514.001