IDEAS home Printed from https://ideas.repec.org/p/col/000416/016416.html
   My bibliography  Save this paper

Desbalances en cuenta corriente: sus determinantes y efectos sobre las crisis bancarias

Author

Listed:
  • Freddy Ricardo Saavedra Medina

Abstract

Este documento relaciona los factores que determinan los desbalances en cuenta corriente y su efecto en la probabilidad de crisis bancarias. Para este fin, se usa un panel de 50 países para el periodo 1980-2013, en el cual se aplican cuatro métodos de estimación para encontrar los determinantes tanto de largo como de corto plazo de la cuenta corriente, con el objetivo de incluir aquellos que tengan consistencia estadística y teórica en un modelo Logit cuya variable dependiente es la probabilidad de crisis bancaria. Los resultados muestran que países con balances primarios superavitarios, mejor Posición de Activos Externos Netos y mayor apertura comercial, enfrentan una menor probabilidad de experimentar una crisis bancaria. En contraste, países con mayor participación del crédito privado, incrementan la probabilidad de crisis bancaria.

Suggested Citation

  • Freddy Ricardo Saavedra Medina, 2018. "Desbalances en cuenta corriente: sus determinantes y efectos sobre las crisis bancarias," Vniversitas Económica 16416, Universidad Javeriana - Bogotá.
    • Handle: RePEc:col:000416:016416
    as

    Download full text from publisher

    File URL: https://drive.google.com/file/d/1ZJ-ojLGcIPBQ95txWNtqEdavRHpK0dEn/view
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Desbalances en Cuenta Corriente; Crisis bancarias; Panel de datosdinámico; Logit condicional.;
    All these keywords.

    JEL classification:

    • F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements
    • C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
    • C36 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Instrumental Variables (IV) Estimation

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:col:000416:016416. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mayerly Galindo Rodriguez (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.