External deficits and non-performing loans in the recent financial crisis

被引:57
作者
Kauko, Karlo [1 ]
机构
[1] Bank Finland, Helsinki 00101, Finland
关键词
Non-performing loans; Early warning signals; Financial crisis; BANKING CRISES;
D O I
10.1016/j.econlet.2011.12.018
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper analyses the deterioration of bank credit quality during the recent financial crisis in a cross-national sample. Rapid credit growth in 2000-2005 predicted the relative amount of non-performing loans only if it was combined with a current account deficit. (C) 2011 Elsevier B.V. All rights reserved.
引用
收藏
页码:196 / 199
页数:4
相关论文
共 11 条
[1]  
[Anonymous], 2005, 0596 IMF
[2]  
[Anonymous], AM EC REV
[3]  
Barrell R., 2010, 363 NIESR
[4]  
BORIO C, 2002, BIS Q REV DEC
[5]   Comparing early warning systems for banking crises [J].
Davis, E. Philip ;
Karim, Dilruba .
JOURNAL OF FINANCIAL STABILITY, 2008, 4 (02) :89-120
[6]   BANKING PANICS AND BUSINESS CYCLES [J].
GORTON, G .
OXFORD ECONOMIC PAPERS-NEW SERIES, 1988, 40 (04) :751-781
[7]  
Laeven Luc., 2008, Systemic Banking Crises
[8]  
MILESIFERRETTI GM, 2011, ECON POLICY, V66, P289
[9]  
Reinhart C., 2010, 7661 CEPR
[10]   What is really common in the run-up to banking crises? [J].
Roy, Saktinil ;
Kemme, David M. .
ECONOMICS LETTERS, 2011, 113 (03) :211-214