Das, Sanjiv R.; Mitchener, Kris; Vossmeyer, Angela - 2018
We employ a unique hand-collected dataset and a novel methodology to examine systemic risk before and after the largest … U.S. banking crisis of the 20th century. Our systemic risk measure captures both the credit risk of an individual bank … commercial banking system (i.e., the network's topology) created more inherent fragility, but systemic risk was nevertheless …