Author (Corporate) | International Monetary Fund |
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Series Title | IMF Working Papers |
Series Details | No.9, 2009 (January 2009) |
Publication Date | 2009 |
Content Type | Journal | Series | Blog |
The global financial crisis has highlighted the importance of early identification of weak banks: when problems are identified late, solutions are much more costly. Until recently, Europe has seen only a small number of outright bank failures, which made the estimation of early warning models for bank supervision very difficult. This paper presents a unique database of individual bank distress across the European Union from mid-1990s to 2008. Using this data set, we analyze the causes of banking distress in Europe. We identify a set of indicators and thresholds that can help to distinguish sound banks from those vulnerable to financial distress. |
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Source Link | Link to Main Source http://www.imf.org/external/pubs/cat/longres.cfm?sk=22547.0 |
Subject Categories | Business and Industry |
Countries / Regions | Europe |