Monitoring Banking Sector Fragility : A Multivariate Logit Approach /

This paper explores how a multivariate logit empirical model of banking crisis probabilities can be used to monitor banking sector fragility. The proposed approach relies on readily available data, and the fragility assessment has a clear interpretation based on in-sample statistics. The model has b...

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Hlavní autor: Detragiache, Enrica
Další autoři: Demirguc-Kunt, Asli
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 1999.
Edice:IMF Working Papers; Working Paper ; No. 1999/147
On-line přístup:Full text available on IMF
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245 1 0 |a Monitoring Banking Sector Fragility :   |b A Multivariate Logit Approach /  |c Enrica Detragiache, Asli Demirguc-Kunt. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1999. 
300 |a 1 online resource (27 pages) 
490 1 |a IMF Working Papers 
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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 explores how a multivariate logit empirical model of banking crisis probabilities can be used to monitor banking sector fragility. The proposed approach relies on readily available data, and the fragility assessment has a clear interpretation based on in-sample statistics. The model has better in-sample performance than currently available alternatives, and the monitoring system can be tailored to fit the preferences of the decision maker regarding type I and type II errors. The framework can be useful as a preliminary screen to economize on precautionary costs. 
538 |a Mode of access: Internet 
700 1 |a Demirguc-Kunt, Asli. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1999/147 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1999/147/001.1999.issue-147-en.xml  |z IMF e-Library