Early Prediction of Bank Failures in the Republic of Croatia
3 Pages Posted: 20 Feb 2007
Date Written: November 2005
Abstract
This is a Master of Science thesis, written in Croatian language. Only an abstract is available in English.
Total fiscal expenditure of bank failures in the Republic of Croatia in 1996 and 1998 were no less than 27% of Croatia's GDP. This is one of the most expensive bank crises in the history of bank failures in the world, when compared to the size of a nation's economy. Having this in mind it is surprising that (prior to this work) only one research in this field has been done in Croatia.
Keywords: bank failure, bankruptcy, insolvency, prediction, logit, discriminant analysis, multidimensional scaling, Croatia
JEL Classification: C39, C59, G21, G28, H81, O52, P27, P29, P31
Suggested Citation: Suggested Citation