Utilize este identificador para referenciar este registo: http://hdl.handle.net/10362/15382
Título: Banking crises: The impact of financial liberalization
Autor: Ferreira, Gustavo de Jesus da Eira
Orientador: Rodrigues, Paulo Manuel Marques
Palavras-chave: Financial liberalization
Banking crises
Panel data probit model
Data de Defesa: Jan-2015
Resumo: This paper intends to study whether financial liberalization tends to increase the likelihood of systemic banking crises. I used a sample of 79 countries with data spanning from 1973 to 2005 to run a panel probit model. I found that, if anything, financial liberalization as measured across seven different dimensions tends to decrease the probability of occurrence of a systemic banking crisis. I went further and did several robustness tests – used a conditional probit model, tested for different durations of liberalization impact and reduced the sample by considering only the first crisis event for each country. Main results still verified, proving the results’ robustness.
URI: http://hdl.handle.net/10362/15382
Designação: A Work Project, presented as part of the requirements for the Award of a Masters Degree in Finance from the NOVA – School of Business and Economics
Aparece nas colecções:NSBE: Nova SBE - MA Dissertations

Ficheiros deste registo:
Ficheiro Descrição TamanhoFormato 
Ferreira.G_2015.pdf112,92 kBAdobe PDFVer/Abrir


FacebookTwitterDeliciousLinkedInDiggGoogle BookmarksMySpace
Formato BibTex MendeleyEndnote 

Todos os registos no repositório estão protegidos por leis de copyright, com todos os direitos reservados.