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What are the costs of large banks in banking crises? A comparative study
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Orientador(es)
Resumo(s)
In this research, we study the cost of Banking crises, focusing on analysing the cost borne by large banking systems while comparing them to smaller banking systems. We use a logit regression to ascertain variables most important for our research and we engage in a descriptive and comparative analysis. Most importantly, we analysed the general cost of banking crises and how they affect both developed and developing economies, using variables such as GDP and house prices, specifically between 2000 to 2019. Our results show that banking crises indeed affect GDP and the intermediary function of banks. Houses are used as collateral for loans and, in turn, as assets for Banks; the diminishing value of houses during a crisis also affects interest and the size of credit the bank is willing to offer. We finally enhance the study by comparing the cost of crises between developed and developing economies. The results suggest that larger banking systems face higher risks, but their huge capitalisation mitigates these risks, and the effects of crises borne by groups of economies are different. Active regulation and supervision have proven to help prevent and greatly minimise the effects of banking crises.
Descrição
Mestrado Bolonha em Economia Monetária e Financeira
Palavras-chave
Banking Crises Banking Regulations Central Banking Financial Crises
Contexto Educativo
Citação
Enifeni, Ajibola Oluwaseun Toheeb (2021). "What are the costs of large banks in banking crises? A comparative study". Dissertação de Mestrado, Universidade de Lisboa. Instituto Superior de Economia e Gestão.
Editora
Instituto Superior de Economia e Gestão