Harada, Kimie; Itō, Takatoshi; Takahashi, Shuhei - 2010
, of eight failed Japanese banks in order to evaluate the predictive power of the DD measure for bank failures. The DD … became smaller in anticipation of failure in many cases. The DD spread, defined as the DD of a failed bank minus the DD of … sound banks, was also a useful indicator for deterioration of a failed bank's health. For some banks, neither the DD nor the …
