Explaining time to bank failure in Colombia during the financial crisis of the late 1990s

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Borradores de Economía; No. 400

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2006-07-20

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2006-07-20

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spa
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Las opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva.

The opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors.

Abstract

This paper identifies the main bank specific determinants of time to failure during the financial crisis in Colombia using duration analysis. Using partial likelihood estimation, it shows that the process of failure of financial institutions during that p

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Esta obra está bajo licencia internacional Creative Commons Reconocimiento-NoComercial 4.0.

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