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4 edition of Cross-country empirical studies of systemic bank distress found in the catalog.

Cross-country empirical studies of systemic bank distress

AslД± DemirgГјГ§-Kunt

Cross-country empirical studies of systemic bank distress

a survey

by AslД± DemirgГјГ§-Kunt

  • 170 Want to read
  • 1 Currently reading

Published by World Bank in [Washington, D.C .
Written in English

    Subjects:
  • Bank failures -- Case studies.,
  • Bankruptcy -- Case studies.

  • Edition Notes

    StatementAsli Demirgüç-Kunt and Enrica Detragiache.
    GenreCase studies.
    SeriesPolicy research working paper ;, 3719, Policy research working papers (Online) ;, 3719.
    ContributionsDetragiache, Enrica., World Bank.
    Classifications
    LC ClassificationsHG3881.5.W57
    The Physical Object
    FormatElectronic resource
    ID Numbers
    Open LibraryOL3478709M
    LC Control Number2005618888

    iii Contents Foreword vii Contributors ix Resolution of Financial Distress: An Overview xv Stijn Claessens, Simeon Djankov, and Ashoka Mody, The World Bank Insolvency Regimes: Current Interest and Principles xvii Systemic Distress and Corporate Restructuring xxii Conclusions xxx References xxxi 1. Using both market-based and annual report-based approaches to measure lending specialization for a broad cross-section of banks and countries over the period to , this paper is the first to empirically gauge the relationship between bank lending specialization and bank performance and stability in an international sample.

    This is the first broad cross-country assessment of the ties between financial structure--the mix of financial instruments, institutions, and markets in a given economy--and economic growth since Raymond Goldsmith's landmark study. Most studies focus on developed countries and compare bank-based and market-based systems. Debates over the relative merits of the two systems have relied on. bankruptcy. In Section 3, we describe the World Bank () database, focusing on cross-country comparison of bank bankruptcy frameworks. Section 4 outlines the empirical methodology. Section 5 presents the main empirical findings. Section 6 concludes .

    In this setup, the indices i, j, t stand respectively for bank, country and time. The relationship between competition and risk, β j, t, is allowed to vary across countries and over vector of bank-specific variables, X i, j, t-1, characterizes a bank’s business particular, we include proxies for the funding structure (share of wholesale funding in total funding), asset Cited by: This approach has been recently used in cross-country studies that examine firm performance, capital structure decisions, corporate risk-taking, and IPOs (Kayo and Kimura, ) or bank soundness (Doumpos et al., ). The model has the following form: (13) where is the systemic risk measure of bank i from country j (∆CoVaR and.


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Cross-country empirical studies of systemic bank distress by AslД± DemirgГјГ§-Kunt Download PDF EPUB FB2

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 multivariate probability model-and their application to study the determinants of banking crises.

Asli Demirgüç-Kunt & Enrica Detragiache, "Cross-Country Empirical Studies of Systemic Bank Distress: A Survey," National Institute Economic Review, National Institute of Economic and Social Research, vol.

(1), pagesApril. Cross-Country Empirical Studies of Systemic Bank Distress: A Survey Prepared by Asli Demirgüç-Kunt and Enrica Detragiache1 Authorized for distribution by Eswar Prasad May Abstract This Working Paper should not be reported as representing the views of the IMF.

Cross-Country Empirical Studies of Systemic Bank Distress: A Survey by Aslı Demirgüç-Kunt and Enrica Detragiache* Abstract A rapidly growing empirical literature is studying the causes and consequences of bank fragility in contemporary economies. The paper reviews the two basic methodologies adopted.

Get this from a library. Cross-country empirical studies of systemic bank distress: a survey. [Aslı Demirgüç-Kunt; Enrica Detragiache] -- 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. Cross-country empirical studies of systemic bank distress: a survey (English) 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 multivariate Cited by: •Debt crises of s were accompanied by bank distress, but bank fragility got little attention.

•In s financial crises where banking sector played the central role were widespread (Scandinavian crises, Japan, Tequila, East Asia).

•Indeed systematic country surveys showed that bank weaknesses extended to all regions of theCited by:   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 Cited by: Cross-country study on the determinants of bank financial distress Article PDF Available.

October ; It is widely believed th at the majority of exi sting studies. Abstract. Over the past few decades MENA countries have adopted major financial reforms in favour of more financial integration which has led to changes in financial systems in general and the banking system in particular, characterized by an increased privatization process, foreign bank penetration and changes in the banking competition : Arafet Farroukh.

creditor rights and bank systemic risk. To define bank systemic risk, our study builds on a novel procedure developed by Tobias and Brunnermeier (), the so-called CoVaR methodology.

The CoVaR measure enables us to study the effect of the distress of a single bank on the financial system. Our main motivation is centered on the negativeAuthor: Christian Haddad, Frédéric Lobez.

“Cross-Country Empirical Studies of Systemic Bank Distress: A Survey,” National Institute Economic Review No. Rethinking Bank Regulation: Till Angels Govern Bank Regulation and Supervision. For this task we have used the list of banking crises in the period prepared by the International Monetary Fund that we have connected with publically available Word Bank data.

For the analysis a machine learning methodology based on subgroup discovery has been by: 3. This book helps provide some insight into the challenges faced by empirical studies and the lessons of the recent crises. The book develops theoretical analysis to deepen our understanding on how capital flows, banking systems and financial markets are linked with each other and provides constructive policy implications by overcoming the.

An empirical investigation”, Journal of Monetary Economics, vol pages – Demirguc-Kunt A., Detragiache E.,“Cross country empirical studies of systemic bank distress: a survey”, National Institute Economic Review, National Institute of.

severity (e.g.,Huser et al.,), empirical studies based on speci c bail-in events (e.g., Sch afer et al.,;Beck et al.,), and bank resolution case studies (e.g.,World Bank,). Our paper is the rst study to gather cross-country data on the changes in bank resolution legislation and to relate these to systemic risk in the banking sector,File Size: KB.

Credit risk measurement and procyclicality. Bank for International Settlements Working Papers No. Crises now and then: What lessons from the last era of financial globalisation. Cross-Country Empirical Studies of Systemic Bank Distress: A : Jarmo Pesola. The World Bank March WPS Cross-Country Studies of Growth and Policy Methodological, Conceptual, and Statistical Problems Ross Levine and David Renelt The design, implementation, and interpretation of cross-country investigations should be improved.

This review of conceptual, methodological, and statistical weaknesses in cross-country. and Systemic Risk Exploring Cross-Country Variation Thorsten Beck Olivier De Jonghe The World Bank that concentration of credit risk in asset portfolios has been one of the major causes of bank distress (e.g.

by being overexposed to Enron, Worldcom and the likes). Empirical evidence for developed countries. Basel II: The Route Ahead or Cul‐de‐Sac. Basel II: The Route Ahead or Cul‐de‐Sac. Brealey, Richard Footnotes 1 Lindgren, C‐J., G.

Garcia, and M. Saal, “Bank Soundness and Macroeconomic Policy,” Washington, DC, International Monetary Fund,and G. Caprio and D. Klingebiel, “Dealing with Bank Insolvencies: Cross‐Country Experience,” Policy. Book File Downloads Abstract Views; Last month: 3 months: 12 months: Total: Last month: 3 months: 12 months: Total: Finance, Financial Sector Policies, and Long-Run Growth.Cross-Country Empirical Studies of Systemic Bank Distress: A Survey National Institute Economic Review, (1), View citations () See also Working Paper ().Systemic Financial Crises Containment and Resolution.

Get access Calomiris, Charles W., and Joseph R. Mason. c. “Consequences of Bank Distress During the Great Depression.” American Economic Review – “Bank Insolvencies, Cross-Country Experience.” Policy Research Working Paper Washington, DC: World Bank.