Goodman, Laurie; Sharpe, William F. - National Bureau of Economic Research (NBER) - 1978
The first part of this paper provides a historical perspective on bank risks. Five-year moving average measures of total risk, market risk, and nonmarket risk are computed for an index of New York banks from 1929-1975 and for an index of outside New York banks from 1950-1976.We use a carefully...
