IMF Staff papers, Volume 46 No. 3

This paper examines determinants and leading indicators of banking crises. The paper examines episodes of banking system distress and crisis in a large sample of countries to identify which macroeconomic and financial variables can be useful leading indicators. The best warning signs of the recent A...

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Bibliographic Details
Corporate Author: International Monetary Fund Research Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1999
Series:IMF Staff Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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260 |a Washington, D.C.  |b International Monetary Fund  |c 1999 
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651 4 |a Uzbekistan, Republic of 
653 |a Economic & financial crises & disasters 
653 |a Depository Institutions 
653 |a Inflation 
653 |a Commercial banks 
653 |a Banks 
653 |a Financial crises 
653 |a Banks and banking 
653 |a Monetary economics 
653 |a Financial institutions 
653 |a Inflation targeting 
653 |a Deflation 
653 |a Micro Finance Institutions 
653 |a Currency 
653 |a Exports and Imports 
653 |a Mortgages 
653 |a Price Level 
653 |a Foreign Exchange 
653 |a International trade 
653 |a Exports 
653 |a Banks and Banking 
653 |a Prices 
653 |a Macroeconomics 
653 |a Monetary policy 
653 |a Banking 
653 |a Exchange rates 
653 |a Monetary Policy 
653 |a Money and Monetary Policy 
653 |a Foreign exchange 
653 |a Financial Crises 
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520 |a This paper examines determinants and leading indicators of banking crises. The paper examines episodes of banking system distress and crisis in a large sample of countries to identify which macroeconomic and financial variables can be useful leading indicators. The best warning signs of the recent Asian crises were proxies for the vulnerability of the banking and corporate sector. Full-blown banking crises are shown to be associated more with external developments, and domestic variables are the main leading indicators of severe but contained banking distress