Buch, Claudia M. (contributor); DeLong, Gayle L. (contributor) - 2007
Macroeconomic risks could magnify individual bank risk. Mitigating the influence of economy-wide risks on banks could … macroeconomic risks affect banks. We use a bank-level dataset on over 2,000 banks worldwide for the years 1995-2002 to study the … effect of macroeconomic volatility, the openness of the banking system, and banking regulations on bank risks. Our measure of …