Early warning indicators for systemic banking crises: household debt and property prices
The 2008 financial crisis was the result of escalating house prices and a hasty increase in household debt. In a sample of 41 advanced and emerging countries, this paper employs a logit estimation model to examine the role of household debt and house price as indicators of systemic banking for the...
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Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Penerbit Universiti Kebangsaan Malaysia
2020
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Online Access: | http://journalarticle.ukm.my/15594/1/jeko_54%281%29-9.pdf http://journalarticle.ukm.my/15594/ https://www.ukm.my/fep/jem/content/2020.html |
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Institution: | Universiti Kebangsaan Malaysia |
Language: | English |