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Early Warning Indicators for the German Banking System: A Macroprudential Analysis

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Kick, T., Jahn, N. Early Warning Indicators for the German Banking System: A Macroprudential Analysis. Credit and Capital Markets – Kredit und Kapital, 47(1), 5-47. https://doi.org/10.3790/ccm.47.1.5
Kick, Thomas and Jahn, Nadya "Early Warning Indicators for the German Banking System: A Macroprudential Analysis" Credit and Capital Markets – Kredit und Kapital 47.1, 2014, 5-47. https://doi.org/10.3790/ccm.47.1.5
Kick, Thomas/Jahn, Nadya (2014): Early Warning Indicators for the German Banking System: A Macroprudential Analysis, in: Credit and Capital Markets – Kredit und Kapital, vol. 47, iss. 1, 5-47, [online] https://doi.org/10.3790/ccm.47.1.5

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Early Warning Indicators for the German Banking System: A Macroprudential Analysis

Kick, Thomas | Jahn, Nadya

Credit and Capital Markets – Kredit und Kapital, Vol. 47 (2014), Iss. 1 : pp. 5–47

1 Citations (CrossRef)

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Dr. Thomas Kick, Deutsche Bundesbank, Zentralbereich Banken und Aufsicht, Wilhelm-Epstein-Straße 14, 60431 Frankfurt.

Nadya Jahn, Finance Center Münster, Institut für Kreditwesen, Universität Münster, Universitätsstraße 14–16, 48143 Münster.

Cited By

  1. Tougher than the rest? The resilience of specialized financial intermediation to macroeconomic shocks

    Molterer, Manuel

    The Quarterly Review of Economics and Finance, Vol. 74 (2019), Iss. P.163

    https://doi.org/10.1016/j.qref.2019.01.018 [Citations: 1]

Abstract

In this paper, we introduce a continuous and forward-looking stability indicator for the banking system based on information on all financial institutions in Germany between 1995 and 2010. Explaining this indicator by means of panel regression techniques, we identify significant macroprudential early warning indicators (such as asset price indicators, leading indicators for the business cycle and monetary indicators) and spillover effects. International spillovers play a significant role across all banking sectors, whereas regional spillovers and the credit-to-GDP ratio are more important for cooperative banks and less relevant for commercial banks.