Assessing the risk of banking crises

By C. Borio, Philip W. Lowe. 2002

483 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/23e73ce7ce807d4eec127d57b2d95a5fdb0a3b77

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Citations in the corpus

Factors influencing bank risk in Europe: Evidence from the financial crisis (2015, background): “Literature identifies various determinants of bank risk, including bank-specific variables (Arena, 2008; Poghosyan and Čihak, 2011) and macroeconomic variables (Borio and Lowe, 2002; Festic et al., 2011).”
Anchoring Countercyclical Capital Buffers: The Role of Credit Aggregates (2011, background): “We, thus, consider a flexible horizon, as originally suggested by Borio and Lowe (2002). An alternative assumption would be to use a fixed lead-lag relationship, so that a signal at time t would be judged to be correct if a crisis materialized exactly h periods ahead.”
Comparing early warning systems for banking crises (2008, background): “Another symptom of banking crises is increased credit risk or the probability that a borrower will default, converting an asset into a “bad” or non-performing loan (NPL). Although banks enjoy advantages in screening and monitoring borrowers, both of which reduce credit risk, the high levels of NPLs ”
Global Credit and Domestic Credit Booms (2011, unknown): “2 See Borio and Lowe (2002) and Schularick and Taylor (2009) for domestic credit and Alessi and Detken (2009), Borio and Drehmann (2009), Bruno and Shin (2011) and Cetorelli and Goldberg (2011) for analyses that pay attention to international components.”
The Financial Cycle and Macroeconomics: What Have We Learnt? (2014, unknown): “2 See also Eichengreen and Mitchener (2004), who find that credit and asset price booms exacerbated the Great Depression, using similar indicators as Borio and Lowe (2002).”
Monetary Policy and Financial Stability: What Role in Prevention and Recovery? (2014, unknown): “Operationally, this calls for extending the policy horizon beyond the roughly two years that is typical of inflation targeting regimes and for giving greater prominence to the balance of risks in the outlook (Borio and Lowe (2002)).”
Banking, debt, and currency crises in developed countries: Stylized facts and early warning indicators (2014, background): “…(Levy-Yeyati and Panizza, 2011), the level of central bank reserves and real exchange rate appreciation for costly events such as the recent financial crisis (Frankel and Saravelos, 2012), and a combination of several indicators into composite indices for banking crises (Borio and Lowe, 2002).”
Reserve Requirements for Price and Financial Stability - When are They Effective? (2012, background): “Studies from the BIS have pointed out that deviation of credit from its trend can predict financial crisis (Borio and Lowe, 2002, Borio and Drehmann, 2009).10 Studying examples where loans enter the loss function allows us to account for this possibility in a “normal times” setting, without…”
Financial Flows, Financial Crises, and Global Imbalances (2012, background): “A sample of recent empirical studies – a small subset of a much larger literature – includes Borio and Lowe (2002), Hernández and Landerretche (2002), Hume and Sentance (2009), Schularick and Taylor (2012), and Gourinchas and Obstfeld (2012). But as Hume and Sentance point out, several large emergin”