Bedayo, Mikel; Estrada, Ángel; Saurina, Jesús - In: Latin American journal of central banking : LAJCB 1 (2020) 1/4, pp. 1-14
In this paper, we analyze the role bank capital played in systemic banking crises and in lending expansion and … narrative identification of banking crises in Spain. Afterwards, we run a proper econometric test to analyze bank capital levels … levels of capital reduce the probability of a crisis and that increasing the bank capital before loan expansions reduces …
