Karim, Dilruba; Liadze, Iana; Barrell, Ray; Davis, E. Philip - In: Journal of Financial Stability 9 (2013) 4, pp. 673-681
Against the background of the acknowledged importance of off-balance-sheet exposures in the sub prime crisis, we seek to investigate whether this was a new phenomenon or common to earlier crises. Using a logit approach to predicting banking crises in 14 OECD countries we find a significant...
