Déjà Vu All Over Again: The Causes of U.S. Commercial Bank Failures This Time Around
Tóm tắt
Từ khóa
Tài liệu tham khảo
Acharya V, Richardson M (eds) (2009) Restoring financial stability: how to repair a failed system. Wiley, New York
Aubuchon CP, Wheelock DC (2010) The geographic distribution and characteristics of U.S. bank failures, 2007–2010: do bank failures still reflect local economic conditions? Fed Reserv Bank St Louis Rev 395–416
Brunnermeier MK (2009) Deciphering the liquidity and credit crunch 2007–2008. J Econ Perspect 23:77–100
Cole RA (1993) When are thrift institutions closed? An agency-theoretic model. J Financ Serv Res 7:283–307
Cole RA, Gunther JW (1995) Separating the likelihood and timing of bank failure. J Bank Finance 19:1073–1089
Cole RA, Cornyn BG, Gunther JW (1995a) FIMS: a new monitoring system for banking organizations. Federal Reserve Bulletin 81, January. Board of Governors of the Federal Reserve System, Washington, DC. 1–15
Cole RA, McKenzie JA, White LJ (1995b) Deregulation gone awry: Moral hazard in the savings and loan industry. In: Lawler MS, Wood JH (eds) Bank failures: causes, consequences and cures. Kluwer Academic Publishers: Norwell, MA. Available at: http://ssrn.com/abstract=1293468
Cole RA, Gunther JW (1998) Predicting bank failures: a comparison of on- and off-site monitoring systems. J Financ Serv Res 13:103–117
Cole RA, Fenn GW (2008) The role of commercial real estate investments in the banking crisis of 1985–92. Paper presented at the Annual Meetings of the American Real Estate and Urban Economics Association held in January 1995 in Washington, DC. Available at: http://ssrn.com/abstract=1293473
Demyanyk Y, Hasan I (2009) Financial crises and bank failures: a review of prediction methods. Omega 28:315–324
Demyanyk Y, Van Hemert O (2011) Understanding the subprime mortgage crisis. Rev Financ Stud 24:1848–1880
Forsyth GD (2010) Trough to peak: A note on risk-taking in the Pacific Northwest’s banking sector, 2001 to 2007. Working paper, Eastern Washington University
Gorton GB (2008) The panic of 2007. NBER Working Paper 14358. Available at: http://www.nber.org/papers/w14358
Maddala GS (1983) Limited-dependent and qualitative variables in economics. Cambridge University Press, New York
Ng J, Roychowdhury S (2010) Loan loss reserves, regulatory capital, and bank failures: evidence from the 2008–2009 economic crisis. Available at: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1646928
Schaeck K (2008) Bank liability structure, FDIC loss, and time to failure: a quantile regression approach. J Financ Serv Res 33:163–179
Thomson JB (1992) Modeling the bank regulator’s closure option: a two-step logit regression approach. J Financ Serv Res 6:5–23
Torna G (2010) Understanding commercial bank failures in the modern banking era. Available at: http://www.fma.org/NY/Papers/ModernBanking-GTORNA.pdf