Journal ArticleDOI
External deficits and non-performing loans in the recent financial crisis
TLDR
In this paper, the authors analyzed the deterioration of bank credit quality during the recent financial crisis in a cross-national sample and showed that rapid credit growth in 2000-2005 predicted the relative amount of non-performing loans only if it was combined with a current account deficit.About:
This article is published in Economics Letters.The article was published on 2012-05-01. It has received 91 citations till now. The article focuses on the topics: Financial crisis & Cross-collateralization.read more
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Determinants of non-performing loans: Evidence from Euro-area countries
TL;DR: In this paper, the main determinants of non-performing loans in the euro-area banking system for the period 1990Q1-2015Q2 using GMM estimations were identified.
Posted Content
Operationalising the countercyclical capital buffer: indicator selection, threshold identification and calibration options
Carsten Detken,Olaf Weeken,Lucia Alessi,Diana Bonfim,Miguel Boucinha,Christian Castro,Sebastian Frontczak,Gaston Giordana,Julia Giese,Nadya Jahn,Jan Kakes,Benjamin Klaus,Jan Hannes Lang,Natalia Puzanova,Peter Welz +14 more
TL;DR: In this paper, the authors present the analysis underpinning the ESRB Recommendation on guidance on setting countercyclical buffer rates (ESRB 2014/1), which is designed to help authorities tasked with setting the counter-cyclical capital buffer (CCB) to operationalise this new macroprudential instrument.
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How to foresee banking crises? A survey of the empirical literature
TL;DR: A survey of the empirical literature on early warning indicators of banking crises is presented in this article, which corroborates the view that during a typical build-up phase, banks borrow internationally to finance domestic lending, boosting the current account deficit and causing a real estate bubble.
Journal ArticleDOI
Non-Performing Loans in the Euro Area: Are Core-Periphery Banking Markets Fragmented?
TL;DR: This paper examined the causes of non-performing loans (NPLs) in the banking system of the euro area for the period 2003-2013 and distinguish between core and periphery country determinants.
Journal ArticleDOI
Nonperforming loans in the euro area: Are core–periphery banking markets fragmented?
TL;DR: In this article, the causes of nonperforming loans (NPLs) in the euro area for the period 2003Q1 to 2016Q1 were examined and it was shown that NPLs in the periphery have performed an upward shift after 2008 and are mostly related to worsening macroeconomic conditions.
References
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Journal ArticleDOI
The Twin Crises: The Causes of Banking and Balance-Of-Payments Problems
TL;DR: The authors analyzes the links between banking and currency crises and finds that problems in the banking sector typically precede a currency crisis, activating a vicious spiral; financial liberalization often precedes banking crises.
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The twin crises: the causes of banking and balance-of-payments problems
TL;DR: This paper examined the potential links between banking and balance-of-payments crises and found that financial liberalization usually predates banking crises, indeed, it helps predict them, rather than a causal relationship from banking to balance of payments crises.
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Growth in a Time of Debt
TL;DR: This paper study the relationship between government debt and real GDP growth and find that the relationship is weak for debt/GDP ratios below a threshold of 90 percent of GDP, while for higher levels, growth rates are roughly cut in half.
Journal ArticleDOI
Growth in a time of debt
Carmen Reinhart,Kenneth Rogoff +1 more
TL;DR: This paper study the relationship between government debt and real GDP growth and find that the relationship is weak for debt/GDP ratios below a threshold of 90 percent of GDP, while for higher levels, growth rates are roughly cut in half.
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Systemic Banking Crises: A New Database
TL;DR: In this article, the authors present a new database on the timing of systemic banking crises and policy responses to resolve them, with detailed data on crisis containment and resolution policies for 42 crisis episodes, including currency crises and sovereign debt crises.
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