Credit booms, financial fragility and banking crises

This study finds that booms increase the probability of a crisis only in relatively fragile financial systems.

From:: Foreign, Commonwealth & Development Office
Published: 22 May 2018

Document Type:: Journal Article
皇冠体育appme:: Economic Growth
First published:: 1 November 2015
Authors:: Fielding, D and Rewilak, J

Abstract

Using a new country-level panel database, we explore effect of capital inflow surges, credit booms and financial fragility on the probability of banking crises. We find that booms increase the probability of a crisis only in relatively fragile financial systems.

This is an output from the 鈥楶olitics, Finance and Growth鈥� Project

Citation

David Fielding, Johan Rewilak, Credit booms, financial fragility and banking crises, Economics Letters, Volume 136, 2015, Pages 233-236,

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