Financial crises and bank failures : a review of prediction methods
Demyanyk, Yuliya; Hasan, Iftekhar (05.12.2009)
Numero
35/2009Julkaisija
Bank of Finland
2009
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:bof-20140807300Tiivistelmä
In this article we provide a summary of empirical results obtained in several economics and operations research papers that attempt to explain, predict, or suggest remedies for financial crises or banking defaults, as well as outlines of the methodologies used. We analyze financial and economic circumstances associated with the US subprime mortgage crisis and the global financial turmoil that has led to severe crises in many countries. The intent of the article is to promote future empirical research that might help to prevent bank failures and financial crises.
Julkaisuhuomautus
Published in Omega, Volume 38, Issue 5, October 2010, Pages 315-324