Foglia, Matteo; Angelini, Eliana - In: Risks 7 (2019) 3, pp. 1-25
In this paper, we measure the systemic risk with a novel methodology, based on a 'spatial-temporal' approach. We … propose a new bank systemic risk measure to consider the two components of systemic risk: cross-sectional and time dimension … effective in reducing systemic risk. However, the results show that systemic risk does not imply a policy intervention …