multivariate probability model-and their application to studying the determinants of banking crises. The use of these models to … provide early warnings for crises is also reviewed, as are studies of the economic effects of banking crises and of the …

of banking distress in Europe. We identify a set of indicators and thresholds that can help to distinguish sound banks …

This paper provides a framework to assess the benefits and costs of intervening in a banking crisis. Intervention … resolution strategy. Dominant factors affecting net benefits are the relative size of the banking system and the loss liquidation …

This study looks at the first two years of the banking crisis that erupted in Indonesia in late 1997. It finds that the … banking sector was weak at the outset, and that governance problems intensified the crisis and seriously delayed its … in the costs of resolution. By end-1999, the critical elements to reconstruct the banking system were in place, and the …

This paper empirically analyzes the effects of a banking crisis on bank credit to the private sector for a panel of … credit function changes during a banking crisis, reflecting a generalized disruption in the stability of behavioral …, this study gives support to Third Generation Models in their ability to predict banking crises. Based on the empirical …

When a country's banking system becomes more linked to the global banking network, does that system get more or less … prone to a banking crisis? Using model simulations and econometric estimates based on a world-wide dataset, we find an M …-shaped relationship between financial stability of a country's banking sector and its interconnectedness. In particular, for banking …

in real time. In this paper, systemic risk is defined as the conditional probability of a systemic banking crisis and …

In this paper we explore the properties of the global banking network using cross-border bank lending data for 184 …, connectivity, and clustering. We document a relatively unstable global banking network, with structural breaks in network … volatile over the period. Connectivity tends to fall during and after systemic banking crises and sovereign debt crises. The …