Bank Insolvency Risk and Different Approaches to Aggregate Z-Score Measures: A Note

Research output: Contribution to journalArticlepeer-review

Authors

Colleges, School and Institutes

Abstract

We discuss to what extent existing approaches to the construction of aggregate Z-score measures capture the notion of systemic soundness, propose some alternative ones that could be just as informative and have potential complementary value, and illustrate how these different approaches compare using a data set of Organisation for Economic Co-operation and Development (OECD) commercial, cooperative and savings banks for the period 1994–2008.

Details

Original languageEnglish
Pages (from-to)1541-1543
Number of pages3
JournalApplied Economics Letters
Volume18
Issue number16
Publication statusPublished - 2011