|Fidrmuc, Jarko; Süß, Philipp Johann (17. September 2009): The Outbreak of the Russian Banking Crisis. What a Surprise! Münchener Wirtschaftswissenschaftliche Beiträge (VWL) 2009-16|
Russian banks have been strongly influenced by the worldwide financial crisis which started in the second half of 2008. This was caused by a combination of domestic, regional and international factors. We estimate an early warning model for the Russian crisis. We identified 47 Russian banks which failed after September 2008. Using the Bankscope data set, we show that balance sheet indicators were informative about possible failures of these banks as early as 2006. The early predictive indicators include especially equity, net interest revenues, return on average equity, net loans, and loan loss reserves.
|Dokumententyp:||Paper (Discussion Paper)|
|Keywords:||Banking and financial crisis, early warning models, Russia, Logit.|
Volkswirtschaft > Munich Discussion Papers in Economics
Volkswirtschaft > Munich Discussion Papers in Economics > Finanzmärkte
Volkswirtschaft > Munich Discussion Papers in Economics > Institutionenökonomik
Volkswirtschaft > Munich Discussion Papers in Economics > Transformationsökonomik
|Themengebiete:||300 Sozialwissenschaften > 300 Sozialwissenschaft, Soziologie
300 Sozialwissenschaften > 330 Wirtschaft
|JEL Classification:||G33, G21, C25|
|Veröffentlicht am:||17. Sep. 2009 13:39|
|Letzte Änderungen:||29. Apr. 2016 10:18|
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