The DOI matches its Crossref record; 56 of the 56 references it cites were found in a registry or an index.
Bank systemic risk around COVID-19: A cross-country analysis
Open accessAbstract
Using 1,584 listed banks from 64 countries during the COVID-19 pandemic, we conduct the first broad-based international study of the effect of the pandemic on bank systemic risk. We find the pandemic has increased systemic risk across countries. The effect operates through government policy response and bank default risk channels. Additional analysis suggests that the adverse effect on systemic stability is more pronounced for large, highly leveraged, riskier, high loan-to-asset, undercapitalized, and low network centrality banks. However, this effect is moderated by formal bank regulation (e.g., deposit insurance), ownership structure (e.g., foreign and government ownership), and informal institutions (e.g., culture and trust).
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cites
Culture's Consequences: Comparing Values, Behaviors, Institutions, and Organizations across Nations
Bhagat, R. S., & Hofstede, G. (2002) · The Academy of Management Review · doi:10.2307/4134391 · Cited by 21,664
An interactive web-based dashboard to track COVID-19 in real time
Dong, E., Du, H., & Gardner, L. (2020) · The Lancet Infectious Diseases · doi:10.1016/s1473-3099(20)30120-1 · Cited by 10,048
A global panel database of pandemic policies (Oxford COVID-19 Government Response Tracker)
Hale, T., Angrist, N., Goldszmidt, R., Kira, B., Petherick, A., Phillips, T., Webster, S., Cameron-Blake, E., Hallas, L., Majumdar, S., et al. (2021) · Nature Human Behaviour · doi:10.1038/s41562-021-01079-8 · Cited by 4,578
Econometric measures of connectedness and systemic risk in the finance and insurance sectors
Billio, M., Getmansky, M., Lo, A. W., & Pelizzon, L. (2012) · Journal of Financial Economics · doi:10.1016/j.jfineco.2011.12.010 · Cited by 2,511
Adrian, T., & Brunnermeier, M. K. (2016) · American Economic Review · doi:10.1257/aer.20120555 · Cited by 2,373
Economic Effects of Coronavirus Outbreak (COVID-19) on the World Economy
Fernandes, N. (2020) · SSRN Electronic Journal · doi:10.2139/ssrn.3557504 · Cited by 1,881
Acharya, V. V., Pedersen, L. H., Philippon, T., & Richardson, M. (2017) · Review of Financial Studies · doi:10.1093/rfs/hhw088 · Cited by 1,826
Corporate immunity to the COVID-19 pandemic
Ding, W., Levine, R., Lin, C., & Xie, W. (2021) · Journal of Financial Economics · doi:10.1016/j.jfineco.2021.03.005 · Cited by 1,484
The Global Macroeconomic Impacts of COVID-19: Seven Scenarios
McKibbin, W. J., & Fernando, R. (2020) · SSRN Electronic Journal · doi:10.2139/ssrn.3547729 · Cited by 1,482
Spillover of COVID-19: Impact on the Global Economy
Ozili, P. K., & Arun, T. (2020) · SSRN Electronic Journal · doi:10.2139/ssrn.3562570 · Cited by 1,400
Cited by
Sun, T. (2025) · Journal of Risk and Insurance · doi:10.1111/jori.70023 · Cited by 6
Metadata
- Authors
- Duan, Y., El Ghoul, S., Guedhami, O., Li, H., & Li, X.
- Venue
- Journal of Banking & Finance
- Publisher
- Elsevier BV
- Published
- 2021-12
- Volume
- 133
- Pages
- 106299
- ISSN
- 0378-4266 (ISSN-L)
- OpenAlex
- W3194220130
- Cited by
- 264
- References
- 56
- FWCI
- 30.00
- Type
- journal article
- Language
- en
- Open access
- green
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
How to cite
Cite CoChat for the checks on this page, and the paper for its own findings.
- This page
- CoChat. (2026). Citation check: Bank systemic risk around COVID-19: A cross-country analysis. https://app.cochat.ai/papers/10.1016/j.jbankfin.2021.106299
- The paper
- Duan, Y., El Ghoul, S., Guedhami, O., Li, H., & Li, X. (2021). Bank systemic risk around COVID-19: A cross-country analysis. Journal of Banking & Finance. https://doi.org/10.1016/j.jbankfin.2021.106299
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.