What is really common in the run-up to banking crises?
Abstract
Arguing that crises are similar if they are predictable from historical experience, we employ panel logit models to examine similarities in the run-ups to the current global financial crisis and historical banking crises. Asset bubbles are the most common precursors. © 2011 Elsevier B.V.
Publication Title
Economics Letters
Recommended Citation
Roy, S., & Kemme, D. (2011). What is really common in the run-up to banking crises?. Economics Letters, 113 (3), 211-214. https://doi.org/10.1016/j.econlet.2011.07.007
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