Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/83945
Authors: 
Daley, J.
Matthews, Kent
Whitfield, Keith
Year of Publication: 
2006
Series/Report no.: 
Cardiff Economics Working Papers E2006/4
Abstract: 
Research on the causes of bank failure has focused on developed countries, particularly the United States of America. Relatively little empirical work has examined developing countries. We examine the total population of banks in Jamaica between 1992 and 1998 and find that real GDP growth, size, and managerial efficiency were the most significant factors contributing to the failure of banks. Bank failure is defined to include bailout and regulator-induced or supervised merger. Our results suggest that there were implicit 'Too-big-to-Fail' policies during this period.
Subjects: 
Bank failures
Too-big-to-Fail
developing economies
Jamaica
JEL: 
G21
G28
Document Type: 
Working Paper

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