{
  "title": "Financial Soundness Indicators and Banking Crises",
  "publication": "IMF Working Papers, December 23, 2013",
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  "summary": "The paper tests the effectiveness of financial soundness indicators (FSIs) as harbingers of banking crises, using multivariate logit models to see whether FSIs, broad macroeconomic indicators, and institutional indicators can indeed predict crisis occurrences.",
  "sections": [
    {
      "heading": "Research question and methodology",
      "content": "- Tests the effectiveness of financial soundness indicators (FSIs) as harbingers of banking crises.\n- Uses multivariate logit models to assess whether FSIs, broad macroeconomic indicators, and institutional indicators can predict crisis occurrences.\n- Analysis draws upon a data set of homogeneous indicators comparable across countries over the period 2005 to 2012, leveraging the IMF’s FSI database."
    },
    {
      "heading": "Key findings",
      "content": "- Results indicate significant correlation between some FSIs and the occurrence of systemic banking crises.\n- Some indicators are identified as precursors to the occurrence of banking crises."
    },
    {
      "heading": "Data and scope",
      "content": "- Data source: IMF’s FSI database.\n- Coverage period: 2005 to 2012.\n- Pages: 38\n- Volume: 2013\n- Issue: 263\n- Series: Working Paper No. 2013/263\n- DOI: https://doi.org/10.5089/9781484327616.001\n- ISBN: 9781484327616\n- ISSN: 1018-5941\n- Publication date: December 23, 2013\n- Authors: Matias Costa Navajas, Aaron Thegeya"
    },
    {
      "heading": "Topics and keywords",
      "content": "- Subjects: Banking crises, Financial crises, Financial institutions, Financial sector policy and analysis, Financial soundness indicators, National accounts, Nonperforming loans, Personal income\n- Keywords: banking, banking crises, banking crisis, core FSI indicator, crisis country, Financial soundness indicators, FSI data, Global, macroprudential analysis, Nonperforming loans, NPL ratio, Personal income, return on assets, return on equity, WP\n\nSummary based on \"Financial Soundness Indicators and Banking Crises\", IMF Working Paper No. 2013/263.\n\n---\n\n Content in this bundle\n\n- wp13263\n  - wp13263 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - wp13263 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/wp/issues/2016/12/31/financial-soundness-indicators-and-banking-crises-41168"
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    "Authors: Matias Costa Navajas, Aaron Thegeya",
    "Published: December 23, 2013",
    "Series: IMF Working Papers",
    "DOI: https://doi.org/10.5089/9781484327616.001",
    "Tests the effectiveness of financial soundness indicators (FSIs) as harbingers of banking crises.",
    "Uses multivariate logit models to assess whether FSIs, broad macroeconomic indicators, and institutional indicators can predict crisis occurrences.",
    "Analysis draws upon a data set of homogeneous indicators comparable across countries over the period 2005 to 2012, leveraging the IMF’s FSI database.",
    "Results indicate significant correlation between some FSIs and the occurrence of systemic banking crises.",
    "Some indicators are identified as precursors to the occurrence of banking crises.",
    "Data source: IMF’s FSI database.",
    "Coverage period: 2005 to 2012.",
    "Pages: 38",
    "Volume: 2013",
    "Issue: 263",
    "Series: Working Paper No. 2013/263",
    "DOI: https://doi.org/10.5089/9781484327616.001",
    "ISBN: 9781484327616",
    "ISSN: 1018-5941",
    "Publication date: December 23, 2013",
    "Authors: Matias Costa Navajas, Aaron Thegeya",
    "Subjects: Banking crises, Financial crises, Financial institutions, Financial sector policy and analysis, Financial soundness indicators, National accounts, Nonperforming loans, Personal income",
    "Keywords: banking, banking crises, banking crisis, core FSI indicator, crisis country, Financial soundness indicators, FSI data, Global, macroprudential analysis, Nonperforming loans, NPL ratio, Personal income, return on assets, return on equity, WP",
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