caa a22 4500 445859245 CHVBK 20180317145437.0 cr unu---uuuuu 170323e20111101xx s 000 0 eng 10.1007/s10290-011-0102-1 doi (NATIONALLICENCE)springer-10.1007/s10290-011-0102-1 Should multivariate early warning systems for banking crises pool across regions? [Elektronische Daten] [E. Davis, Dilruba Karim, Iana Liadze] Most extant work on prediction of banking crises has utilised global samples, which are in turn dominated by observations from middle-income countries, and rely on a single estimator. However, economic and financial structures as well as the pattern of shocks may differ substantially across regions, while a range of specifications is desirable to check robustness. Accordingly, in this paper we test the implicit pooling assumption in earlier multivariate work on Early Warning Systems using both logit and binary recursive tree specifications separately for crises in Asia and Latin America, as well as the pooled sample. Results suggest markedly different crisis determinants across regions, implying global samples are inappropriate. Kiel Institute, 2011 Banking crises nationallicence Systemic risk nationallicence Early warning systems nationallicence Logit estimation nationallicence Binary recursive tree nationallicence Emerging market economies nationallicence Davis E. NIESR, Dean Trench Street, SW1P 3HE, Smith Square, London, UK aut Karim Dilruba Department of Economics and Finance, Brunel University, UB8 3PH, Uxbridge, Middlesex, UK aut Liadze Iana NIESR, Dean Trench Street, SW1P 3HE, Smith Square, London, UK aut Review of World Economics Springer-Verlag 147/4(2011-11-01), 693-716 1610-2878 147:4<693 2011 147 10290 https://doi.org/10.1007/s10290-011-0102-1 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/s10290-011-0102-1 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Davis E. NIESR, Dean Trench Street, SW1P 3HE, Smith Square, London, UK aut NATIONALLICENCE 700 1- Karim Dilruba Department of Economics and Finance, Brunel University, UB8 3PH, Uxbridge, Middlesex, UK aut NATIONALLICENCE 700 1- Liadze Iana NIESR, Dean Trench Street, SW1P 3HE, Smith Square, London, UK aut NATIONALLICENCE 773 0- Review of World Economics Springer-Verlag 147/4(2011-11-01), 693-716 1610-2878 147:4<693 2011 147 10290 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer