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Persistent link: https://www.econbiz.de/10008989347
In this paper we analyse firm level systemic risk for US and European banks from 2004 to 2012. We observe that common systemic risk indicators are primarily driven by firm size which implies an overriding concern for “too-big-to-fail” institutions. However, smaller banks may still pose...
Persistent link: https://www.econbiz.de/10012974040
For an international sample of banks, the authors construct measures of a bank's absolute size and its systemic size … defined as size relative to the national economy. They examine how a bank's risk and return, its activity mix and funding … save. The finding that a bank's interest cost tends to rise with its systemic size can also in part explain why a bank …
Persistent link: https://www.econbiz.de/10012976146
the recent financial crisis to identify bank specific factors that determine risk. We find that systemic risk grows with … bank size and is inversely related to bank capital, and this effect exists above and beyond the effect of bank size and … capital on standalone bank risk. Our results contribute to the ongoing debate on the merits of imposing systemic risk …
Persistent link: https://www.econbiz.de/10013045800
adverse consequences of disorderly bank failures. However, this promise of support comes at a cost: large, complex or … average bank. The authors obtain similar results when they assess the effect of increased support on net charge-offs and when …
Persistent link: https://www.econbiz.de/10012941830
Persistent link: https://www.econbiz.de/10012391449
Persistent link: https://www.econbiz.de/10012420823
For an international sample of banks, the authors construct measures of a bank's absolute size and its systemic size … defined as size relative to the national economy. They examine how a bank's risk and return, its activity mix and funding … save. The finding that a bank's interest cost tends to rise with its systemic size can also in part explain why a bank …
Persistent link: https://www.econbiz.de/10012551075
Persistent link: https://www.econbiz.de/10012297271
For an international sample of banks, we construct measures of a bank's absolute size and its systemic size defined as … size relative to the national economy. We then examine how a bank's risk and return, its activity mix and funding strategy … that a bank's interest cost tends to rise with its systemic size can also in part explain why a bank's rate of return on …
Persistent link: https://www.econbiz.de/10013129004