Borradores de Economia
Número:
400
Publicado:
Clasificación JEL:
G21, G23
Palabras clave:
Banks, financial institutions, Bankruptcy, liquidation
Lo más reciente
Leonardo Fabio Morales, Diego Astorga-Rojas, Nicolas Guida-Johnson
Mauricio Villamizar-Villegas, Oscar Mauricio Valencia-Arana, Andrés Felipe Prado, Nicolás Aya
Leonardo Fabio Morales, Sergio Ocampo, Brenda Samaniego de la Parra
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