Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5058601 | Economics Letters | 2015 | 4 Pages |
Abstract
â¢We model the determinants of banking crises using a new country-level panel database.â¢We allow for the interaction of capital surges, credit booms and financial fragility.â¢Booms increase the likelihood of crises only in relatively fragile financial systems.
Using a new country-level panel database, we explore effect of capital inflow surges, credit booms and financial fragility on the probability of banking crises. We find that booms increase the probability of a crisis only in relatively fragile financial systems.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
David Fielding, Johan Rewilak,