{"id":{"repo_id":"maynooth","oai_identifier":"oai:mural.maynoothuniversity.ie:7555"},"canonical_url":"https://search.dev.ndltd.org/etd/maynooth/oai:mural.maynoothuniversity.ie:7555","repository":{"repo_id":"maynooth","name":"National University of Ireland - Maynooth","base_url":"http://mural.maynoothuniversity.ie/cgi/oai2"},"display":{"title":"Essays on Systemic Banking Crises and Bank Regulation","abstract":"In a panel comprising 61 countries covering the years 1980-2010 we show that macroeconomic variables such as GDP and deposit insurance remain statistically significant crisis determinants in the long run but that variables such as real-interest rates and inflation are not reported as systemic banking crisis determinants when estimated over a full business cycle. When studies such as these are conducted we find that the choice of panel time-span is highly relevant. Using a shorter panel (1998-2011) involving 75 countries, we show that sectoral variables such as Bank Z-Score, private-credit-to-GDP ratio, bank credit-to-deposit ratio and non-performing loan levels yield improved in-sample crisis predictions. Whereas sectoral-centric models may over-estimate the likelihood of systemic banking crises this does not constitute a model weakness if not overlooking embryonic crises is the key objective. Future research is facilitated via the establishment of a control cluster of determinants with both sectoral as well as macroeconomic constituents.","abstract_html":"In a panel comprising 61 countries covering the years 1980-2010 we show that macroeconomic variables such as GDP and deposit insurance remain statistically significant crisis determinants in the long run but that variables such as real-interest rates and inflation are not reported as systemic banking crisis determinants when estimated over a full business cycle. When studies such as these are conducted we find that the choice of panel time-span is highly relevant. Using a shorter panel (1998-2011) involving 75 countries, we show that sectoral variables such as Bank Z-Score, private-credit-to-GDP ratio, bank credit-to-deposit ratio and non-performing loan levels yield improved in-sample crisis predictions. Whereas sectoral-centric models may over-estimate the likelihood of systemic banking crises this does not constitute a model weakness if not overlooking embryonic crises is the key objective. Future research is facilitated via the establishment of a control cluster of determinants with both sectoral as well as macroeconomic constituents.","abstract_has_math":false,"creators":["Wosser, Michael"],"institution":"National University of Ireland Maynooth","degree_name":"phd","degree_level":"doctoral","degree_discipline":null,"degree_department":null,"school":null,"contributors":[],"advisors":[],"committee_chairs":[],"committee_members":[],"year":2016,"date_issued":"2016","date_published":"2016","updated_at":"2026-07-24T03:02:54Z","subjects":[],"languages":["en"],"rights":[],"rights_urls":[],"identifier_entries":[]},"links":{"outbound_url":null,"outbound_label":null,"outbound_source":null},"metadata_groups":[{"id":"people","label":"People","entries":[{"key":"dc:creator","label":"Author","values":["Wosser, Michael"]}]},{"id":"academic_context","label":"Academic Context","entries":[{"key":"dc:date","label":"Dc Date","values":["2016"]},{"key":"dc:date.issued","label":"Date","values":["2016"]},{"key":"dc:publisher.institution","label":"Dc Publisher Institution","values":["National University of Ireland Maynooth"]},{"key":"dc:relation.isreferencedby","label":"Dc Relation Isreferencedby","values":["https://mural.maynoothuniversity.ie/id/eprint/7555/"]},{"key":"dc:type","label":"Dc Type","values":["Thesis"]},{"key":"dc:type.qualificationlevel","label":"Dc Type Qualificationlevel","values":["doctoral"]},{"key":"dc:type.qualificationname","label":"Dc Type Qualificationname","values":["phd"]}]},{"id":"language_rights","label":"Language and Rights","entries":[{"key":"dc:language","label":"Dc Language","values":["en"]}]},{"id":"identifiers","label":"Identifiers","entries":[{"key":"dc:identifier.uri","label":"Identifier URI","values":["https://mural.maynoothuniversity.ie/id/eprint/7555/1/Essays%20on%20Systemic%20Banking%20Crises%20and%20Bank%20Regulation%20hard-bound%20version%20June%202016.pdf"]}]},{"id":"additional","label":"Additional Metadata","entries":[{"key":"dc:description.abstract","label":"Abstract","values":["In a panel comprising 61 countries covering the years 1980-2010 we show that macroeconomic variables such as GDP and deposit insurance remain statistically significant crisis determinants in the long run but that variables such as real-interest rates and inflation are not reported as systemic banking crisis determinants when estimated over a full business cycle. When studies such as these are conducted we find that the choice of panel time-span is highly relevant. Using a shorter panel (1998-2011) involving 75 countries, we show that sectoral variables such as Bank Z-Score, private-credit-to-GDP ratio, bank credit-to-deposit ratio and non-performing loan levels yield improved in-sample crisis predictions. Whereas sectoral-centric models may over-estimate the likelihood of systemic banking crises this does not constitute a model weakness if not overlooking embryonic crises is the key objective. Future research is facilitated via the establishment of a control cluster of determinants with both sectoral as well as macroeconomic constituents."]},{"key":"dc:format","label":"Dc Format","values":["text"]},{"key":"dc:title","label":"Title","values":["Essays on Systemic Banking Crises and Bank Regulation"]}]}],"canonical_facts":{"dc:creator":["Wosser, Michael"],"dc:date":["2016"],"dc:date.issued":["2016"],"dc:description.abstract":["In a panel comprising 61 countries covering the years 1980-2010 we show that macroeconomic variables such as GDP and deposit insurance remain statistically significant crisis determinants in the long run but that variables such as real-interest rates and inflation are not reported as systemic banking crisis determinants when estimated over a full business cycle. When studies such as these are conducted we find that the choice of panel time-span is highly relevant. Using a shorter panel (1998-2011) involving 75 countries, we show that sectoral variables such as Bank Z-Score, private-credit-to-GDP ratio, bank credit-to-deposit ratio and non-performing loan levels yield improved in-sample crisis predictions. Whereas sectoral-centric models may over-estimate the likelihood of systemic banking crises this does not constitute a model weakness if not overlooking embryonic crises is the key objective. Future research is facilitated via the establishment of a control cluster of determinants with both sectoral as well as macroeconomic constituents."],"dc:format":["text"],"dc:identifier.uri":["https://mural.maynoothuniversity.ie/id/eprint/7555/1/Essays%20on%20Systemic%20Banking%20Crises%20and%20Bank%20Regulation%20hard-bound%20version%20June%202016.pdf"],"dc:language":["en"],"dc:publisher.institution":["National University of Ireland Maynooth"],"dc:relation.isreferencedby":["https://mural.maynoothuniversity.ie/id/eprint/7555/"],"dc:title":["Essays on Systemic Banking Crises and Bank Regulation"],"dc:type":["Thesis"],"dc:type.qualificationlevel":["doctoral"],"dc:type.qualificationname":["phd"]},"updated_at":"2026-07-24T03:02:54Z"}