The role of household and business credit in banking crises

Journal of Banking and Finance

Volumn 34, Issue 6, 2010, Pages 1247-1256

  Büyükkarabacak, Berrak ^a   Valev, Neven T ^b  

^a UNIVERSITY OF RICHMOND   (United States)

^b GEORGIA STATE UNIVERSITY   (United States)

Author keywords

Banking crisis; Household and business credit growth

Indexed keywords

EID: 77950020975     PISSN: 03784266     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jbankfin.2009.11.022     Document Type: Article

References (31)

1. Backé P., and Wójcik C. Credit booms, monetary integration and the new neoclassical synthesis. Journal of Banking and Finance 32 (2008) 458-470
2. Beck T., Demirgüç-Kunt A., and Levine R. A new database on financial development and structure. World Bank Economic Review 14 3 (2000) 597-605
3. Beck, T., Büyükkarabacak, B., Rioja, F., Valev, N., 2008. Who Gets the Credit? Household vs. Firm Lending Across Countries. Policy Research Working Paper 4661, World Bank.
4. Büyükkarabacak B., and Krause S. Studying the effects of household and firm credit on the trade balance: the composition of funds matters. Economic Inquiry 47 4 (2009) 653-666
5. Caprio, G., Klingebiel, D., 2003. Episodes of Systemic and Borderline Financial Crises. World Bank Mimeo.
6. Caprio, G., Klingebiel, D., Laeven, L., Noguera, G., 2005. Appendix: banking crisis database. In: Honohan, P., Laeven, L. (Eds.), Systemic Financial Crises: Containment and Resolution. Cambridge University Press, Cambridge, UK.
7. Daglish T. What motivates a subprime borrower to default?. Journal of Banking and Finance 33 4 (2009) 681-693
8. Deaton A. Savings and liquidity constraints. Econometrica 59 5 (1991) 1221-1248
9. Demirgüç-Kunt, A., Detragiache, E., 1997. The Determinants of Banking Crises in Developing and Developed Countries. IMF Staff Papers 45, pp. 81-109.
10. Demirgüç-Kunt A., and Detragiache E. Does deposit insurance increase banking system fragility: empirical investigation. Journal of Monetary Economics 49 (2002) 1306-1373
11. Domaç I., and Peria M.S.M. Banking crises and exchange rate regimes: is there a link?. Journal of International Economics 81 (2003) 41-72
12. Duenwald, C., Gueorguiev, N., Schaechter, A., 2005. Too Much of a Good Thing? Credit Booms in Transition Economies: The Case of Bulgaria, Romania, and Ukraine. IMF Working Paper No. 128.
13. Gruben W.C., and McComb R. Liberalization, privatization, and crash: Mexico's banking system in the 1990s. Economic Review: Federal Reserve Bank of Dallas, First Quarter (1997) 21-30
14. International Monetary Fund, 2003. The IMF and Recent Capital Account Crises - Indonesia, Korea, Brazil. Report by the Independent Evaluation Office (IEO).
15. Islam S., and Mozumdar A. Financial market development and the importance of internal cash: evidence from international data. Journal of Banking Finance 31 (2007) 641-658
16. Jappelli T., and Pagano M. Saving, growth and liquidity constraints. Quarterly Journal of Economics 109 (1994) 83-109
17. Jappelli, T., Pagano, M., Marco, M., 2008. Households' Indebtedness and Financial Fragility. CSEF Working Paper No. 208.
18. Kaminsky G., and Reinhart C. The twin crises: the causes of banking and balance of payments problems. The American Economic Review 89 3 (1999) 473-500
19. Kaminsky, G., Lizondo, S., Reinhart, C., 1998. Leading Indicators of Currency Crisis. IMF Staff Papers 45(1).
20. Knyazeva A., Kynazeva D., and Stiglitz J. Ownership changes and access to external financing. Journal of Banking and Finance 33 (2009) 1804-1816
21. Kraft E., and Jankov L. Does speed kill? Lending booms and their consequences in Croatia. Journal of Banking and Finance 29 (2005) 105-121
22. Laeven, L., Valencia, F., 2008. Systemic Banking Crises: A New Database. IMF Working Paper No. 224.
23. Levine R. Finance and growth: theory and evidence. In: Aghion P., and Durlauf S. (Eds). Handbook of Economic Growth (2005), Elsevier Science, The Netherlands
24. Neuhuas J.M., Kalbfleisch J.D., and Hauck W.W. A comparison of cluster-specific and population averaged approaches for analyzing correlated binary data. International Statistical Review 59 1 (1991) 25-35
25. Oikarinen E. Interaction between housing prices and household borrowing: the finnish case. Journal of Banking and Finance 33 4 (2009) 747-756
26. Reinhart, C., Reinhart, V., 2008. Capital Flow Bonanzas: An Encompassing View of the Past and Present. NBER Working Paper 14321.
27. Reinhart, C., Rogoff, K., 2008. Banking Crises: An Equal Opportunity Menace. NBER Working Paper 14587.
28. Wooldridge J. Econometric Analysis of Cross Section and Panel Data (2002), The MIT Press, Cambridge
29. Zeger S., Liang K., and Albert P. Models for longitudinal data: a generalized estimating equation approach. Biometrics 44 4 (1988) 1049-1060
30. Zeldes S. Consumption and liquidity constraints: an empirical investigation. The Journal of Political Economy 97 2 (1989) 305-346
31. Zinman J. Restricting consumer credit access: household survey evidence on effects around the Oregon rate cap. Journal of Banking and Finance 34 3 (2009) 546-556