Credit booms, financial fragility and banking crises

This study finds that booms increase the probability of a crisis only in relatively fragile financial systems.

From:
Department for International Development
Published
1 November 2015
Document Type:
Journal Article
Theme:
Economic Growth
Authors:
Fielding, D, Rewilak, J

Abstract

Using a new country-level panel database, we explore effect of capital inflow surges, credit booms and financial fragility on the probability of banking crises. We find that booms increase the probability of a crisis only in relatively fragile financial systems.

This is an output from the ‘Politics, Finance and Growth’ Project

Citation

David Fielding, Johan Rewilak, Credit booms, financial fragility and banking crises, Economics Letters, Volume 136, 2015, Pages 233-236,

Credit booms, financial fragility and banking crises

Published 1 November 2015
Contents