Barrell, Ray; Davis, E.; Liadze, I.; Karim, Dilruba - National Institute of Economic and Social Research - 2009
Existing work on early warning systems (EWS) for banking crises generally omits bank capital, bank liquidity and property prices, despite their relevance to the probability of crisis in the mind of bankers, policymakers and the public. One reason for this neglect is that most work on EWS to date...