Contagion in Banking Crises: A Spatial Probit Model

We use a spatial Probit model to study banking crises and show that the probability of a systemic banking crisis depends on contagion and that this effect may result from business connections between institutions or from similarities between banking systems.

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Year of publication:	2010-01
Authors:	Amaral, Andrea ; Abreu, Margarida ; Mendes, Victor
Institutions:	ISEG - School of Economics and Management, Department of Economics, University of Lisbon
Subject:	Spatial Probit \| banking crises \| contagion

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Extent:	application/pdf
Series:	Working Papers Department of Economics.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 2010/03
Classification:	C21 - Cross-Sectional Models; Spatial Models ; C25 - Discrete Regression and Qualitative Choice Models ; G01 - Financial Crises ; G21 - Banks; Other Depository Institutions; Mortgages
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008483885