This paper uses bank-level data and macroeconomic indicators to assess the following two questions: (1) Does the external environment influence the occurrence of failure of small banks? (2) In terms of goodness-of-fit, do macroeconomic indicators improve model performance? These issues are addressed for the Italian Cooperative Banks using an unbalanced panel model. The results show that local geographical variables do matter in the estimation of the probability of failure and that model performance improves after their introduction in the analysis.
Mare, D.S. (2010). Macroeconomic factors and small bank failures: the case of the italian cooperative banks.
Autori: | |
Titolo: | Macroeconomic factors and small bank failures: the case of the italian cooperative banks |
Data di pubblicazione: | 5-lug-2010 |
Anno Accademico: | A.A. 2009/2010 |
Corso di dottorato: | Banca e finanza |
Ciclo: | 22. |
Descrizione: | 22. ciclo |
Settore Scientifico Disciplinare: | Settore SECS-P/11 - Economia degli Intermediari Finanziari |
Lingua: | English |
Tipologia: | Tesi di dottorato |
Citazione: | Mare, D.S. (2010). Macroeconomic factors and small bank failures: the case of the italian cooperative banks. |
Appare nelle tipologie: | 07 - Tesi di dottorato |
File in questo prodotto:
File | Descrizione | Tipologia | Licenza | |
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PhD thesis_Davide Mare.pdf | Thesis | N/A | Open Access Visualizza/Apri | |
Frontespizio_tesi.pdf | Titlepage | N/A | Open Access Visualizza/Apri |