IDEAS home Printed from https://ideas.repec.org/a/ses/arsjes/1998-iv-19.html
   My bibliography  Save this article

The Term Structure of Interest Rates and the Swiss Regional Bank Crisis - Empirical Evidence and its Limits

Author

Listed:
  • Markus Staub

Abstract

This paper provides evidence that it is problematic to provide evidence concerning the link between the term structure of interest rates and banking problems in the regional bank sector in Switzerland. In a setting of micro-level panel data it is documented that there is generally a lack of robustness in the sense that correlation as well as significance results depend crucially on modelling assumptions. Whether the crisis in the Swiss regional bank sector in the early nineties can be seen as a consequence of the term structure inversion remains an open question.

Suggested Citation

  • Markus Staub, 1998. "The Term Structure of Interest Rates and the Swiss Regional Bank Crisis - Empirical Evidence and its Limits," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 134(IV), pages 655-684, December.
    • Handle: RePEc:ses:arsjes:1998-iv-19
    as

    Download full text from publisher

    File URL: http://www.sjes.ch/papers/1998-IV-19.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Jonas Meuli & Dr. Thomas Nellen & Dr. Thomas Nitschka, 2016. "Securitisation, loan growth and bank funding: the Swiss experience since 1932," Working Papers 2016-18, Swiss National Bank.
    2. Martin Hellwig, 2009. "Systemic Risk in the Financial Sector: An Analysis of the Subprime-Mortgage Financial Crisis," De Economist, Springer, vol. 157(2), pages 129-207, June.
    3. Martin Hellwig, 2000. "Banken zwischen Politik und Markt: Worin besteht die volkswirtschaftliche Verantwortung der Banken?," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 1(3), pages 337-356, August.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ses:arsjes:1998-iv-19. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Steiner (email available below). General contact details of provider: https://edirc.repec.org/data/sgvssea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.