The DOI matches its Crossref record; 2 of the 2 references it cites were found in a registry or an index.
Capital Shortfall: A New Approach to Ranking and Regulating Systemic Risks
Abstract
The financial crisis of 2007-2009 has given way to the sovereign debt crisis of 2010-2012, yet many of the banking issues remain the same. We discuss a method to estimate the capital that a financial firm would need to raise if we have another financial crisis. This measure of capital shortfall is based on publicly available information but is conceptually similar to the stress tests conducted by US and European regulators. We argue that this measure summarizes the major characteristics of systemic risk and provides a reliable interpretation of the past and current financial crises.
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Cites
Non-Monetary Effects of the Financial Crisis in the Propagation of the Great Depression
Bernanke, B. (1983) · National Bureau of Economic Research · doi:10.3386/w1054 · Cited by 2,173
The value of bank durability: Borrowers as bank stakeholders
SLOVIN, M. B., SUSHKA, M. E., & POLONCHEK, J. A. (1993) · The Journal of Finance · doi:10.1111/j.1540-6261.1993.tb04708.x · Cited by 418
Cited by
Adrian, T., & Brunnermeier, M. K. (2016) · American Economic Review · doi:10.1257/aer.20120555 · Cited by 2,373
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Härdle, W. K., Wang, W., & Yu, L. (2016) · Journal of Econometrics · doi:10.1016/j.jeconom.2016.02.013 · Cited by 470
Non-fungible tokens (NFTs): A review of pricing determinants, applications and opportunities
Kräussl, R., & Tugnetti, A. (2024) · Journal of Economic Surveys · doi:10.1111/joes.12597 · Cited by 96
Dong, M., & Oberson, R. (2022) · Accounting and Business Research · doi:10.1080/00014788.2021.1952060 · Cited by 54
Metadata
- Authors
- Acharya, V., Engle, R., & Richardson, M.
- Venue
- American Economic Review
- Publisher
- American Economic Association
- Published
- 2012-05-01
- Volume
- 102
- Issue
- 3
- Pages
- 59-64
- ISSN
- 0002-8282 (ISSN-L)
- OpenAlex
- W2116701769
- Cited by
- 1,153
- References
- 2
- FWCI
- 96.05
- Type
- journal article
- Language
- en
- Open access
- closed
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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.
