The Determinants of Banking Crises : Evidence From Developing and Developed Countries

Evidence From Developing and Developed Countries

The Determinants of Banking Crises : Evidence From Developing and Developed Countries
The paper studies the factors associated with the emergence of systemic banking crises in a large sample of developed and developing countries in 1980-94, using a multivariate logit econometric model. The results suggest that crises tend to erupt when the macroeconomic environment is weak, particularly when growth is low and inflation is high.... READ MORE...

Publication date: September 1997
ISBN 9781451947175
$15.00

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