evidence to date points in the opposite direction, that is, towards overvaluation of bank assets …

scenarios and banks' estimated losses to recover bank level exposures to macroeconomic factors. Once macro outcomes are realized …

financial crisis of the 20th century - the Great Depression. Using balance-sheet and systemic risk measures at the bank level …, we build an econometric model with incidental truncation that jointly considers bank survival, the type of bank closure … (consolidations, absorption, and failures), and changes to bank risk. Despite roughly 9,000 bank closures, risk did not leave the …

locations of large-bank branches have demographics typically associated with greater financial sophistication, large-bank …

widespread stress, with adverse affects on bank intermediation thereafter. We discuss the bank capital and the bank funding … conclude by discussing the increasing extension of bank credit lines to non-bank financial intermediaries, as well as the role …