Banking crises in Europe: the importance of region - specific early warning models

Detalhes bibliográficos
Autor(a) principal: Marques, Ana Raquel Fortunato Andrade
Data de Publicação: 2017
Tipo de documento: Dissertação
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10362/22236
Resumo: Banking crises, albeit rare, can have nefarious consequences. As such, it is relevant to understand not only what factors cause these crises, but what variables can be used in their early detection. Economic integration still requires country speci cities to be considered in macro-prudential monitoring. This project explores the dynamics of banking crises, the role of economic and stock market growth as warning variables for several European regions. Dynamic probit models are used in a panel dataset. Results show that real GDP, stock market growth and house price growth are good indicators of crisis, and separate models for regions within the Eurozone predict crisis more accurately.
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spelling Banking crises in Europe: the importance of region - specific early warning modelsBanking crisesDynamic probit modelsBinary dataPanel dataDomínio/Área Científica::Ciências Sociais::Economia e GestãoBanking crises, albeit rare, can have nefarious consequences. As such, it is relevant to understand not only what factors cause these crises, but what variables can be used in their early detection. Economic integration still requires country speci cities to be considered in macro-prudential monitoring. This project explores the dynamics of banking crises, the role of economic and stock market growth as warning variables for several European regions. Dynamic probit models are used in a panel dataset. Results show that real GDP, stock market growth and house price growth are good indicators of crisis, and separate models for regions within the Eurozone predict crisis more accurately.Rodrigues, Paulo Manuel MarquesRUNMarques, Ana Raquel Fortunato Andrade2017-07-28T09:28:57Z2017-01-202017-01-20T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfapplication/pdfhttp://hdl.handle.net/10362/22236TID:201713624enginfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-03-11T04:09:39Zoai:run.unl.pt:10362/22236Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T03:27:12.143487Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Banking crises in Europe: the importance of region - specific early warning models
title Banking crises in Europe: the importance of region - specific early warning models
spellingShingle Banking crises in Europe: the importance of region - specific early warning models
Marques, Ana Raquel Fortunato Andrade
Banking crises
Dynamic probit models
Binary data
Panel data
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
title_short Banking crises in Europe: the importance of region - specific early warning models
title_full Banking crises in Europe: the importance of region - specific early warning models
title_fullStr Banking crises in Europe: the importance of region - specific early warning models
title_full_unstemmed Banking crises in Europe: the importance of region - specific early warning models
title_sort Banking crises in Europe: the importance of region - specific early warning models
author Marques, Ana Raquel Fortunato Andrade
author_facet Marques, Ana Raquel Fortunato Andrade
author_role author
dc.contributor.none.fl_str_mv Rodrigues, Paulo Manuel Marques
RUN
dc.contributor.author.fl_str_mv Marques, Ana Raquel Fortunato Andrade
dc.subject.por.fl_str_mv Banking crises
Dynamic probit models
Binary data
Panel data
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
topic Banking crises
Dynamic probit models
Binary data
Panel data
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
description Banking crises, albeit rare, can have nefarious consequences. As such, it is relevant to understand not only what factors cause these crises, but what variables can be used in their early detection. Economic integration still requires country speci cities to be considered in macro-prudential monitoring. This project explores the dynamics of banking crises, the role of economic and stock market growth as warning variables for several European regions. Dynamic probit models are used in a panel dataset. Results show that real GDP, stock market growth and house price growth are good indicators of crisis, and separate models for regions within the Eurozone predict crisis more accurately.
publishDate 2017
dc.date.none.fl_str_mv 2017-07-28T09:28:57Z
2017-01-20
2017-01-20T00:00:00Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/masterThesis
format masterThesis
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10362/22236
TID:201713624
url http://hdl.handle.net/10362/22236
identifier_str_mv TID:201713624
dc.language.iso.fl_str_mv eng
language eng
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
application/pdf
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
repository.mail.fl_str_mv
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