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year in the 1960s, one year in the 1970s, and one year in the late 1980s or 1990) and five OECD countries (France, Germany …
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The global financial crisis that started in mid-2007 illustrates the relevance of systemic risk. One key driver of the systemic instability that materialized in the crisis was the elevated level of stress in large banks. We use EVT to analyse the effect of size on banks' univariate and systemic...
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more organizationally complex. Traditional bank regulation, which focuses on individual bank risk, may be insufficient for …
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