La crisis de los bancos privados en el Ecuador: una aplicación de los modelos de duración

Abstract

This paper analizes thc micro and macrocconomie conditions under which the banking crisis of 1999 unfolded. At the micro level, the banks with problems had different behavior according to the statistical tests of the variables that measure their achievement. Then, duration models are used to study the denamic and main causes of the crisis The main conclusion is that the crisis did not randomly alíect the banks. Instead, banks' bad management was determinant in their failure.