کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5090521 1375635 2009 10 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Explaining bank distress in Eastern European transition economies
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Explaining bank distress in Eastern European transition economies
چکیده انگلیسی
This paper considers the joint role of macroeconomic, structural and bank-specific factors in explaining the occurrence of banking problems in the nineteen Eastern European transition countries over the last decade. With data at the individual bank level we show, using a discrete time survival model, that all three factors interact in their impact and have a rich dynamic profile, which underlines the highly volatile cycles challenging the stability of banks in this region. A fragile funding basis accompanied by high exposure to market risk in an environment of reforms and macroeconomic disturbances is the typical precursor of bank distress.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Banking & Finance - Volume 33, Issue 2, February 2009, Pages 244-253
نویسندگان
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