Cross-Country Empirical Studies of Systemic Bank Distress: A Survey

By Asli Demirgüç-Kunt, Enrica Detragiache

May 1, 2005

Preview Citation

Format: Chicago

Asli Demirgüç-Kunt, and Enrica Detragiache. Cross-Country Empirical Studies of Systemic Bank Distress: A Survey, (USA: International Monetary Fund, 2005) accessed November 21, 2024

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

A rapidly growing empirical literature is studying the causes and consequences of bank fragility in present-day economies. The paper reviews the two basic methodologies adopted in cross-country empirical studies-the signals approach and the multivariate probability model-and their application to studying 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.

Subject: Banking, Banking crises, Commercial banks, Deposit insurance, Financial crises

Keywords: Bank fragility, Banking crisis, Crisis duration, Crisis episode, Crisis probability, Currency crisis, Tequila crisis, WP

Publication Details

Pages:

32
Volume:

---
DOI:

---
Issue:

---
Series:

Working Paper No. 2005/096
Stock No:

WPIEA2005096
ISBN:

9781451861150
ISSN:

1018-5941

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

IMF Working Papers