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Testing for "pure" contagion effects in international banking: The case of BCCI's failure

Kanas, Angelos (2004) Testing for "pure" contagion effects in international banking: The case of BCCI's failure. International Journal of Theoretical and Applied Finance, 7 (3). pp. 289-301. ISSN 0219-0249. (doi:10.1142/S0219024904002438) (The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided)

The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided. (Contact us about this Publication)
Official URL
http://dx.doi.org/10.1142/S0219024904002438

Abstract

We find evidence of "pure" contagion effects in international banking arising from the collapse of BCCI. A Markov regime-switching approach is employed to allow for the uncertainty surrounding the date of BCCI's collapse. The results indicate that there are shortcomings in the supervision of internationally spread banking groups like BCCI, and carry implications for the EU single market programme in financial services.

Item Type: Article
DOI/Identification number: 10.1142/S0219024904002438
Uncontrolled keywords: Banking, Banking supervision, Contagion, Markov-switching
Subjects: H Social Sciences > HG Finance
Divisions: Faculties > Social Sciences > Kent Business School > Accounting and Finance
Depositing User: Tracey Pemble
Date Deposited: 22 May 2014 15:06 UTC
Last Modified: 29 May 2019 12:36 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/41161 (The current URI for this page, for reference purposes)
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