Huang, Xin; Zhou, Hao; Zhu, Haibin - In: Journal of Financial Stability 8 (2012) 3, pp. 193-205
This paper measures the systemic risk of a banking sector as a hypothetical distress insurance premium, identifies … various sources of financial instability, and allocates systemic risk to individual financial institutions. The systemic risk … spillover effects of the global financial crisis to the region. The increase in the perceived systemic risk, particularly after …