Bartram, Söhnke M.; Brown, Gregory W.; Hund, John E. - Volkswirtschaftliche Fakultät, … - 2005
Using a unique and comprehensive dataset, this paper develops and uses three distinct methods to quantify the risk of a systemic failure in the global banking system. We examine a sample of 334 banks (representing 80% of global bank equity) in 28 countries around 6 global financial crises (such...