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dc.contributor.authorBarrell, R-
dc.contributor.authorDavis, EP-
dc.contributor.authorKarim, D-
dc.contributor.authorLiadze, I-
dc.identifier.citationEconomics and Finance Working Paper, Brunel University, 09-28en_US
dc.description.abstractEarly warning systems (EWS) for banking crises generally omit bank capital, bank liquidity and property prices. Most work on EWS has been for global samples dominated by emerging market crises where time series data on bank capital adequacy and property prices are typically absent. We estimate logit crisis models for OECD countries, finding strong effects from capital adequacy and liquidity ratios as well as property prices, and can exclude traditional variables. Higher capital adequacy and liquidity ratios have a marked effect on the crisis probabilities, implying long run benefits to offset some of the costs that such regulations may impose.en_US
dc.publisherBrunel Universityen_US
dc.subjectBanking crisesen_US
dc.subjectSystemic risken_US
dc.subjectEarly warning systemsen_US
dc.subjectLogit estimationen_US
dc.subjectBank regulationen_US
dc.subjectCapital adequacyen_US
dc.subjectLiquidity regulationen_US
dc.titleBank regulation, property prices and early warning systems for banking crises in OECD countriesen_US
dc.typeResearch Paperen_US
Appears in Collections:Economics and Finance
Dept of Economics and Finance Research Papers

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