Kick, Thomas; Jahn, Nadya - In: Credit and Capital Markets – Kredit und Kapital 47 (2014) 1, pp. 5-47
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...