This paper examines the driving effect of economic policy uncertainty on bank systemic risk with a distinction between … systemic linkage and bank tail risk. Using bank-level data of 25 economies during the period 2010-2020, we find consistent and … robust evidence that policy uncertainty is negatively associated with bank tail risk but positively related to systemic …

This paper investigates the complementarity between the different macroprudential policies to contain bank systemic … vary depending on the set of tools implemented, as well as bank’ size, TBTF, leverage, liquidity and concentration. Our …

corporate investment. We document that in a sample of publicly listed firms in the United States over the period 1991-2013, bank … risk on corporate investment, suggesting that more financially constrained firms experience a larger effect of bank …In this paper, we use three measures that arguably capture two dimensions of “bank systemic risk”, namely, (1) bank …

proxy the strictness of a country's regulatory regime, we employ World Bank survey data … a bank-level systemic risk indicator that can be decomposed into a bank's individual risk and its systemic linkage. To …

Are bank resolution regimes effective enough to improve financial stability? We look at the effect of the new bank …

comprehensive sample that combines an original set of bank-specific bailout events with balance sheets of key affected and non …

market is endogenously formed. Bank assets are hit by idiosyncratic shocks drawn from a thin tailed distribution. The uneven … to be heavily indebted to other banks, their liquidation can trigger other bank failures. We find that the distribution …