Distress in European banks [[electronic resource] ] : an analysis based on a new data set / / Tigran Poghosyan and Martin Cihák

• Autore: Poghosyan Tigran
• Pubblicazione: [Washington, D.C.], : International Monetary Fund, 2009
• Descrizione fisica: 1 online resource (39 p.)
• Soggetto topico: Banks and banking - European Union countries
• Soggetto geografico: Europe Economic conditions
• Soggetto genere / forma: Electronic books.
• Altri autori: ČihákMartin
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references.
• Nota di contenuto: Contents; I. Introduction; II. Motivation; A. Early Warning Systems for Banking Soundness; B. Examples of Uses of the Early Warning Systems; III. Methodology and Data; A. Estimation Methodology; B. Data; Figures; 1. Overview of Distress Events by Year and by Country, 1995-2007; Tables; 1. Database Overview; 2. Determinants of Bank Distress; IV. Estimation Results; A. Baseline Estimate; B. Robustness Checks; 3. Logit Estimation Results; C. Prediction Results; 4. Type I and Type II Errors; 2. Banks at Risk; 3. Assets at Risk; D. Marginal Effects ; 4. Marginal Effects of Significant CAMEL Covariates5. Trade-off in the Impact on PD between Pairs of Significant CAMEL Covariates; V. Conclusion; Appendices; I. Early Warning Systems for Banking Supervision:; II. European Banking System; III. European Structured Early Intervention and Resolution; References
• Sommario/riassunto: The global financial crisis has highlighted the importance of early identification of weak banks: when problems are identified late, solutions are much more costly. Until recently, Europe has seen only a small number of outright bank failures, which made the estimation of early warning models for bank supervision very difficult. This paper presents a unique database of individual bank distress across the European Union from mid-1990s to 2008. Using this data set, we analyze the causes of banking distress in Europe. We identify a set of indicators and thresholds that can help to distinguish sou
• Titolo autorizzato: Distress in European banks
• ISBN: 1-4623-4569-7; 1-4527-9346-8; 1-4518-7156-2; 1-282-84231-5; 9786612842313
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910464229903321
• Lo trovi qui: Univ. Federico II
• Serie: IMF working paper ; ; WP/09/9.