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 … bank risk is the volatility of banks’ pretax profits. We find that macroeconomic volatility increases banks’ profit … volatility and that international openness of the banking system lowers bank risk. We find no impact of banking regulation on …