information on government actions undertaken in response to bank distress. Weformulate a simple theoretical model of a banking … industry which we use to identify and constructtheory-based measures of systemic bank shocks (SBS). Using both country …

The world has become more interconnected over the past few decades. Against this backdrop, economic and financial … develop a measure of global systemic risk and use bank stress testing techniques to quantify the systemic impact of the shock …

crisis increases. The three conditions identified as crisis-prone-(i) very high inflation, (ii) highly dollarized bank … deposits combined with nominal depreciation or low liquidity, and (iii) low bank profitability-highlight that foreign currency …

We develop a stylized balance sheet framework to help identify 'quasi-fiscal' components of central bank crisis … bank balance sheet data with survey evidence from intervention announcements, we document the risks to the public sector … management of fiscal risks from central bank crisis interventions varies greatly across countries, although several good …

financial crisis, strengthening sovereign-bank linkages. In light of these risks, the paper proposes a framework … Did Domestic Bank Demand Change More Generally? -- V. Sovereign Investor Base Risk Indicators -- A. Sovereign Funding … Foreign Central Bank Holdings of Government Debt, end-2011 -- 6. Risk Scores by Investor Type -- Figures -- 1. Summary of …