, banking crises and debt crises, and extract four groups of indicators from the literature—external, financial, domestic (real …

, banking crises and debt crises, and extract four groups of indicators from the literature—external, financial, domestic (real …

Several studies have recommended reliance on subordinated debt as a tool for monitoring banks by investors and for … fixed income unless the value of the bank’s assets falls below a predetermined threshold. In such an event, the debt … obligation is automatically converted to the bank’s common equities. By using a contingent claims valuation approach we present …

, as well as several indicators of indebtedness such as private sector liabilities and the foreign liabilities of banks … explain currency crises rather well, and it appears currency crises occur in tandem with banking crises. Indeed, in emerging …

a test of these properties in a sample of EU banks during the 1990s. The results suggest that the distance to default …

In Turkey, the financial sector is traditionally dominated by banking activities, and the banking sector experienced … several systemic crises since late 1970s. This paper reviews and summarizes the major banking sector problems in the country …

In this paper we attempt to identify the characteristics of banks that are most likely to be at the origin of a banking … processes arse often followed by banking crisis that cost taxpayers large amounts of resources in rescue operations. To … accomplish this objective we identify a sample of ''failed'' and ''healthy'' banks following a FL and then compare their …

We present a model of bank passivity and regulatory failure. Banks with low equity positions have more incentives to be … higher rate of interest in order to attract deposits compared to banks that are not in distress. Therefore, higher deposit … importance of asymmetric information between banks and the regulator and suggests the usefulness of looking at deposit rate …