Duttagupta, Rupa; Cashin, Paul - In: Journal of International Money and Finance 30 (2011) 2, pp. 354-376
This paper uses a Binary Classification Tree (BCT) model to analyze banking crises in 50 emerging market and developing countries during 1990-2005. The BCT model identifies three conditions (and the specific threshold of the key indictors) at which the vulnerability to banking crisis...