Banking Crises and Reversals in Financial Reforms

Journal Title: Finance a uver - Year 2018, Vol 68, Issue 5

Abstract

A number of countries have gone through banking crises since the early 1970s. This work links those episodes with the patterns of various financial reforms within those countries. As banking crises in a domestic economy are endogenous, exposures to banking crises in the rest of the world through the trade channel help identify the domestic banking crises. Both 2SLS and GMM estimations are used. The results demonstrate that systemic banking crises reverse financial reforms with varying lags, while non-systemic crises exert a weaker influence on financial reforms. The core methodological contribution of this work is an empirical identification strategy for occurrences of banking crises.

Authors and Affiliations

Petar Stankov

Keywords

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  • EP ID EP544416
  • DOI -
  • Views 159
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How To Cite

Petar Stankov (2018). Banking Crises and Reversals in Financial Reforms. Finance a uver, 68(5), 442-459. https://europub.co.uk/articles/-A-544416