This paper empirically investigates the causes of bank failures in Japan and Indonesia. Using logistic regression analysis of financial ratios, we explore the usefulness of domestic bank failure prediction models with a cross-country model that allows for cross-correlation of the error terms.Our...

This paper empirically investigates the causes of bank failures in Japan and Indonesia. Using logistic regression analysis of financial ratios, we explore the usefulness of domestic bank failure prediction models with a cross-country model that allows for cross-correlation of the error terms.Our...

This paper extends on the literature previously written exploring the health, soundness and vulnerabilities of the financial sector due to systemic risk. The aim of this study is to: (i) predict the risks of financial contagion and simultaneous bank failure; (ii) assess the liability of...