Abstract Adopting the panel data of 61 emerging market countries from 1990 to 2014, this paper studies the impact of capital market stoppage on bank crisis in emerging market countries from the perspectives of three types of stoppage, namely the ones of the influx of driving capital, of outflow-driven capital and of net inflow capital. The empirical results show that the outflow of driven capital stoppage in the emerging market countries has no significant effect on the banking crisis. The inflow of the driven capital stoppage will significantly increase the probability of the bank crisis. The outflow of the net inflow capital stoppage will increase the probability of the bank crisis. Therefore,it is advised to increase the monitoring of the sudden stoppage of capital so as to prevent the bank crisis.
MA Yu,WANG Gong-Beng. Can Capital Flow Stoppage Lead to Bank Crisis?——An Empirical Analysis Based on the Sample of 61 Emerging Market Countries. Economic Survey, 2018, 35(3): 075.
2018, Vol. 35 
