Journal Article
Are the causes of bank distress changing? can researchers keep up?
King, Thomas B.; Yeager, Timothy J.; Nuxoll, Daniel A. (2006-01)
Since 1990, the banking sector has experienced enormous legislative, technological, and financial changes, yet research into the causes of bank distress has slowed. One consequence is that traditional supervisory surveillance models may not capture important risks inherent in the current banking environment. After reviewing the history of these models, the authors provide empirical evidence that the characteristics of failing banks have changed in the past ten years and argue that the time is right for new research that employs new empirical techniques. In particular, dynamic models that use ...
Review , Volume 88 , Issue Jan , Pages 57-80