کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5063543 1372253 2006 15 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
On the duration of the financial system stability under liberalization
موضوعات مرتبط
علوم انسانی و اجتماعی مدیریت، کسب و کار و حسابداری کسب و کار و مدیریت بین المللی
پیش نمایش صفحه اول مقاله
On the duration of the financial system stability under liberalization
چکیده انگلیسی

This paper represents an econometric attempt to deal with the issue of financial system stability in a framework of duration models, using macroeconomic data. A salient result is that banking crises are likely to occur every 10 years or so, even if the financial system has been stable until the year before the crises. Indeed, the risk of banking crises builds up during a calm period. The results also reveal that factors such as fundamentals weakness, structural characteristics, contagion phenomenon and past experiences with banking crises play an important role.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Emerging Markets Review - Volume 7, Issue 2, June 2006, Pages 147-161
نویسندگان
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