banking crises

Publication date: 3 Feb 2016 | Publication type: National Institute Economic Review | External authors: Miles, D | Journal: National Institute Economic Review Issue 235 | Publisher: Sage Publications, London
"In this short note I make some simple points about what went wrong with regulation of financial institutions before the financial disasters of 2007–8 and what has happened – and what should have happened – since. The problems were largely with banks and so most of what I will say is about them. I...
Publication date: 9 Jul 2010 | Publication type: NIESR Discussion Paper | Authors: Barrell, R, Davis, P, Liadze, I | External authors: Karim, D | JEL classification: G21, G28 | NIESR discussion paper number: 357
Given the evident effect that banks' off-balance sheet activity has had on systemic vulnerability in the sub-prime crisis, we test for a consistent impact of off-balance sheet exposures on the probability of banking crises in OECD countries since 1980. Variables capturing off-balance sheet...
Publication date: 26 Mar 2010 | Publication type: NIESR Discussion Paper | Authors: Barrell, R, Davis, P, Liadze, I | External authors: D, Karim | JEL classification: C52, E58, G21 | NIESR discussion paper number: 351
Given the magnitude of 'global imbalances' in the run-up to the subprime crisis, we test for an impact of the current account balance on the probability of banking crises in OECD countries since 1980. This variable has been neglected in most early warning models to date, despite its...
Publication date: 31 Mar 2009 | Publication type: NIESR Discussion Paper | Authors: Barrell, R, Davis, P, Liadze, I | External authors: Dilruba Karim | JEL classification: C52, E58, G21 | NIESR discussion paper number: 330
Early warning systems (EWS) for banking crises generally omit bank capital, bank liquidity and property prices. Most work on EWS has been for global samples dominated by emerging market crises where time series data on bank capital adequacy and property prices are typically absent. We estimate...