Show simple item record

dc.contributor.authorFielding, David
dc.contributor.authorRewilak, Johan
dc.identifier.citationFielding, D., & Rewilak, J. (2015). Credit Booms, Financial Fragility and Banking Crises (Economics Discussion Papers Series No. 1507). University of Otago. Retrieved from
dc.identifier.issn1178-2293 (Online)
dc.description.abstractRecent evidence indicates that surges in capital inflows and credit booms can increase the probability of a subsequent banking crisis. Using a new country-level panel database on financial fragility, we take this analysis further by exploring the interaction of surges, booms and fragility. We find that booms and fragility are both important, but booms increase the probability of a crisis only in financial systems with a relatively high level of fragility. Booms appear not to be dangerous in countries with a robust banking system.en_NZ
dc.publisherUniversity of Otagoen_NZ
dc.relation.ispartofseriesEconomics Discussion Papers Seriesen_NZ
dc.rightsAttribution-NonCommercial-ShareAlike 4.0 International*
dc.subjectpanel dataen_NZ
dc.subjectfinancial crisesen_NZ
dc.subjectfinancial fragilityen_NZ
dc.subjectcredit boomsen_NZ
dc.subjectcapital surgesen_NZ
dc.titleCredit Booms, Financial Fragility and Banking Crisesen_NZ
dc.typeDiscussion Paperen_NZ
otago.schoolOtago Business School / Department of Economicsen_NZ
 Find in your library

Files in this item


This item appears in the following Collection(s)

Show simple item record

Attribution-NonCommercial-ShareAlike 4.0 International
Except where otherwise noted, this item's licence is described as Attribution-NonCommercial-ShareAlike 4.0 International