Working Paper
Modeling Large Commercial-Bank Failures: A Simultaneous-Equation Analysis
The development of a model of large-bank failures that studies insolvency and failure simultaneously and that recognizes economic, political, and bureaucratic constraints faced by regulators.
Working Papers of the Federal Reserve Bank of Cleveland are preliminary materials circulated to stimulate discussion and critical comment on research in progress. They may not have been subject to the formal editorial review accorded official Federal Reserve Bank of Cleveland publications. The views expressed in this paper are those of the authors and do not represent the views of the Federal Reserve Bank of Cleveland or the Federal Reserve System.
Suggested Citation
Demirgüç-Kunt, Asli. 1989. “Modeling Large Commercial-Bank Failures: A Simultaneous-Equation Analysis.” Federal Reserve Bank of Cleveland, Working Paper No. 89-05.
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