Banking System Fragility : Likelihood Versus Timing of Failure; An Application to the Mexican Financial Crisis /

This paper tests empirically the proposition that bank fragility is determined by bank-specific factors, macroeconomic conditions and potential contagion effects. The methodology allows for the variables that determine bank failure to differ from those that influence banks' time to failure (or...

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Autore principale: Billings, Robert
Altri autori: Gonzalez-Hermosillo, Brenda, Pazarbasioglu, Ceyla
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 1996.
Serie:IMF Working Papers; Working Paper ; No. 1996/142
Accesso online:Full text available on IMF
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100 1 |a Billings, Robert. 
245 1 0 |a Banking System Fragility :   |b Likelihood Versus Timing of Failure; An Application to the Mexican Financial Crisis /  |c Robert Billings, Brenda Gonzalez-Hermosillo, Ceyla Pazarbasioglu. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1996. 
300 |a 1 online resource (26 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper tests empirically the proposition that bank fragility is determined by bank-specific factors, macroeconomic conditions and potential contagion effects. The methodology allows for the variables that determine bank failure to differ from those that influence banks' time to failure (or survival rate). Based on the indicators of fragility of individual banks, we construct an index of fragility for the banking system. The framework is applied to the Mexican financial crisis beginning in 1994. In the case of Mexico, bank-specific variables as well as contagion effects explain the likelihood of bank failure, while macroeconomic variables largely determine the timing of failure. 
538 |a Mode of access: Internet 
700 1 |a Gonzalez-Hermosillo, Brenda. 
700 1 |a Pazarbasioglu, Ceyla. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1996/142 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1996/142/001.1996.issue-142-en.xml  |z IMF e-Library