The Outbreak of the Russian Banking Crisis

[img]
Preview
PDF
Language: English
231Kb
Title:The Outbreak of the Russian Banking Crisis
Creators:
Fidrmuc, Jarko
Süss, Philipp
Journal or Publication Title:
AUCO Czech Economic Review, 5, 1, pp. 46-64
Uncontrolled Keywords:Banking and financial crisis, early warning models, Russia, logit

Abstract

Owing to a combination of domestic, regional and international factors, Russian banks have been strongly influenced by the worldwide financial crisis which started in the second half of 2008. In this paper, we estimate an early warning model for the Russian banking crisis. In a first step, we identify 47 Russian banks which failed after September 2008. Using the Bankscope dataset, we then show that balance sheet indicators were informative as early as in 2006 and 2007 about possible failures of these banks. Especially equity, net interest revenues, return on average equity, net loans, and loan loss reserves are identified as the early indicators with high predictive power.

Official URL: http://www.ceeol.com/aspx/issuedetails.aspx?issueid=57B5F853-06A7-48F2-B60F-167EA4E75E73&articleid=762659BC-5F74-443F-909A-DB7F21DC7FF3

Title:The Outbreak of the Russian Banking Crisis
Creators:
Fidrmuc, Jarko
Süss, Philipp
Uncontrolled Keywords:Banking and financial crisis, early warning models, Russia, logit
Subjects:H Social Sciences > HB Economic Theory
H Social Sciences > HG Finance
H Social Sciences > HF Commerce
Divisions:Section of external journals > AUCO Czech Economic Review
Journal or Publication Title:AUCO Czech Economic Review
Volume:5
Number:1
Page Range:pp. 46-64
ISSN:1802-4696
Publisher:Charles University
Related URLs:
URLURL Type
http://auco.cuni.czPublisher
http://avi.lib.cas.cz/node/183Publisher
ID Code:6517
Item Type:Article
Deposited On:05 Apr 2011 17:05
Last Modified:05 Apr 2011 15:05

Citation

Fidrmuc, Jarko; Süss, Philipp (2011) The Outbreak of the Russian Banking Crisis. AUCO Czech Economic Review, 5 (1). pp. 46-64. ISSN 1802-4696

Repository Staff Only: item control page