Jamilov, Rustam; König, Tobias; Mueller, Karsten; … - 2024
combines a new narrative chronology with statistical indicators of bank deposit withdrawals. We document the following facts …: (i) the unconditional likelihood of a bank run is 1.2% and that of significant deposit withdrawals 12.7%; (ii …)systemic bank runs, i.e. those that are accompanied by deposit withdrawals, are associated with substantially larger output losses …