Too-big-to-fail: bank failure and banking policy in Jamaica

Daley, J, Matthews, Kent ORCID: https://orcid.org/0000-0001-6968-3098 and Whitfield, Keith ORCID: https://orcid.org/0000-0002-1184-5530 2006. Too-big-to-fail: bank failure and banking policy in Jamaica. [Working Paper]. Cardiff Economics Working Papers, Cardiff: Cardiff University.

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Abstract

Research on the causes of bank failure has focused on developed countries, particularly the United States of America. Relatively little empirical work has examined developing countries. We examine the total population of banks in Jamaica between 1992 and 1998 and find that real GDP growth, size, and managerial efficiency were the most significant factors contributing to the failure of banks. Bank failure is defined to include bailout and regulator-induced or supervised merger. Our results suggest that there were implicit 'Too-big-to-Fail' policies during this period.

Item Type:	Monograph (Working Paper)
Date Type:	Publication
Status:	Published
Schools:	Business (Including Economics)
Subjects:	H Social Sciences > HB Economic Theory
Publisher:	Cardiff University
Date of First Compliant Deposit:	30 March 2016
Last Modified:	28 Oct 2022 10:17
URI:	https://orca.cardiff.ac.uk/id/eprint/77712

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