01697cas a2200253 a 4500 AALejournalIMF003577 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451861150 1018-5941 BD-DhAAL BD-DhAAL Demirguc-Kunt, Asli. Cross-Country Empirical Studies of Systemic Bank Distress : A Survey / Asli Demirguc-Kunt, Enrica Detragiache. Washington, D.C. : International Monetary Fund, 2005. 1 online resource (32 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students A rapidly growing empirical literature is studying the causes and consequences of bank fragility in present-day economies. The paper reviews the two basic methodologies adopted in cross-country empirical studies-the signals approach and the multivariate probability model-and their application to studying the determinants of banking crises. The use of these models to provide early warnings for crises is also reviewed, as are studies of the economic effects of banking crises and of the policies to forestall them. The paper concludes by identifying directions for future research. Mode of access: Internet Detragiache, Enrica. IMF Working Papers; Working Paper ; No. 2005/096 Full text available on IMF http://elibrary.imf.org/view/journals/001/2005/096/001.2005.issue-096-en.xml IMF e-Library