Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
10488005 | Journal of Financial Stability | 2013 | 9 Pages |
Abstract
⺠Competing models for crisis prediction are evaluated, and a parsimonious model selected. ⺠Capital and liquidity form defences, high growth and current account deficits are problems. ⺠Off balance sheet activity did not increase risk before 2003, but was a major influence after. ⺠House price growth could have been used as an OBS proxy in pre 2006 early warning system. ⺠Regulation needs to monitor risks generated by (regulation driven) financial innovation.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics, Econometrics and Finance (General)
Authors
Dilruba Karim, Iana Liadze, Ray Barrell, E. Philip Davis,