The Recent Australian Bank Failures
نویسندگان
چکیده
منابع مشابه
Equilibrium Non - Panic Bank Failures ∗
We observe many episodes in which a large number of people attempt to withdraw their deposits from a bank, forcing it to suspend withdrawals or even to fail. In contrast with the view that those episodes are driven by consumers’ panic or sunspots, we propose to explain them as a consequence of the conjunction of lack of full back up of deposits by banks, and of an unexpectedly high fraction of ...
متن کاملRecent Changes in Handling Bank Failures and Their Effects on the Banking Industry
SN SOME of its public statements in recent years, the Federal Deposit Insurance Corporation (FDIC) has stressed the objective of promoting market discipline of the risks assumed by banks through the influence of uninsured depositors.’ The FDIC has attempted to accomplish this by allowing the uninsured depositors of some failed banks to suffer losses. In practice, the cases in which uninsured de...
متن کاملDo Loan Loss Reserves Behave like Capital? Evidence from Recent Bank Failures
Regulatory capital guidelines allow for loan loss reserves to be added back as capital. The evidence in this paper suggests that the influence of loan loss reserves added back as regulatory capital (hereafter referred to as “add-backs”) on bank risk cannot be explained by either economic principles underlying the notion of capital, or accounting principles underlying the recording of reserves. ...
متن کاملExplaining Recent Connecticut Bank Failures: Did Managerial Inefficiency Play a Role
Significant numbers of U.S. commercial bank failures in the late 1980s and early 1990s raise important questions about bank performance. We develop a failure-prediction model for Connecticut banks to examine events in 1991 and 1992. We adopt data envelopment analysis to derive measures of managerial efficiency. Our findings can be briefly stated. Managerial inefficiency does not provide signifi...
متن کاملSystemic Funding Liquidity Risk and Bank Failures
We examine the roles of idiosyncratic and systemic funding liquidity risks in bank failures. We estimate a discrete-time hazard model of bank failure using data of U.S. commercial banks between 1985 and 2004, and examine its out-of-sample forecasting performance between 2005 and 2011. The out-of-sample performance comparison shows this model outperforms typical bank failure prediction models. W...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Transactions of the Actuarial Society of Edinburgh
سال: 1896
ISSN: 2046-0562,2058-1025
DOI: 10.1017/s2046056200000343