Delis, Manthos D.; Hasan, Iftekhar; Tsionas, Efthymios G. - Suomen Pankki - 2014
establish that the risk of the relatively large banks and banks that failed in the subprime crisis is higher than the industry …This paper reconsiders the formal estimation of bank risk using the variability of the profit function. In our model … characteristics, such as capital and liquidity. We estimate the new model on the entire panel of US banks, spanning the period 1985q1 …