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.
| Original language | English |
|---|---|
| Pages (from-to) | 1541-1543 |
| Number of pages | 3 |
| Journal | Applied Economics Letters |
| Volume | 18 |
| Issue number | 16 |
| DOIs | |
| Publication status | Published - 2011 |