We formulate a simple theoretical model of a banking industry that we use to identify and construct theory …-based measures of systemic bank shocks (SBS). These measures differ from "banking crisis" (BC) indicators employed in many empirical …) and on "banking crisis" (BC) indicators. We find that the impact of these variables on the likelihood of a policy response …

We study a banking model in which banks invest in a riskless asset and compete in both deposit and risky loan markets …

Many empirical studies of banking crises have employed ""banking crisis"" (BC) indicators constructedusing primarily … information on government actions undertaken in response to bank distress. Weformulate a simple theoretical model of a banking …

This study reinvestigates the theoretical relationship between competition in banking and banks'' exposure to risk of …-competitive consolidation as a response to banking instability. We then show that existing theoretical analyses of this topic are fragile, since …