Commodity Price Movements and Banking Crises is popular PDF and ePub book, written by Mr.Markus Eberhardt in 2018-07-06, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Commodity Price Movements and Banking Crises can be Read Online from any device for your convenience.
Commodity Price Movements and Banking Crises Book PDF Summary
We develop an empirical model to predict banking crises in a sample of 60 low-income countries (LICs) over the 1981-2015 period. Given the recent emergence of financial sector stress associated with low commodity prices in several LICs, we assign price movements in primary commodities a key role in our model. Accounting for changes in commodity prices significantly increases the predictive power of the model. The commodity price effect is economically substantial and robust to the inclusion of a wide array of potential drivers of banking crises. We confirm that net capital inflows increase the likelihood of a crisis; however, in contrast to recent findings for advanced and emerging economies, credit growth and capital flow surges play no significant role in predicting banking crises in LICs.
Detail Book of Commodity Price Movements and Banking Crises PDF
- Author : Mr.Markus Eberhardt
- Release : 06 July 2018
- Publisher : International Monetary Fund
- ISBN : 9781484366776
- Genre : Business & Economics
- Total Page : 53 pages
- Language : English
- PDF File Size : 17,5 Mb
If you're still pondering over how to secure a PDF or EPUB version of the book Commodity Price Movements and Banking Crises by Mr.Markus Eberhardt, don't worry! All you have to do is click the 'Get Book' buttons below to kick off your Download or Read Online journey. Just a friendly reminder: we don't upload or host the files ourselves.