Fahlenbrach, Rüdiger; Prilmeier, Robert; Stulz, René M. - National Centre of Competence in Research - Financial … - 2011
We investigate whether a bank’s performance during the 1998 crisis, which was viewed at the timeas the most dramatic crisis since the Great Depression, predicts its performance during the recentfinancial crisis. One hypothesis is that a bank that has an especially poor experience in a...