Fiordelisi, Franco; Marqués-Ibañez, David - In: Journal of Banking & Finance 37 (2013) 6, pp. 2000-2010
We evaluate the impact of commonly used indicators of bank distress on broad (i.e. sector and country) risks. This issue deserves special attention in the banking industry where there is a strong degree of interconnectedness among institutions and the default of a single bank may cause a...