The resilience of the U.S. banking system

Theophilos Papadimitriou, Periklis Gogas and Anna Agrapetidou

International Journal of Finance & Economics, 2022, vol. 27, issue 3, 2819-2835

Abstract: We investigate the resilience of the whole U.S. banking system (5,826 banks) over the period 2000–2018. In doing so, we employ a state‐of‐the‐art bank failure forecasting model (Gogas et al., 2018) and we uncover the evolution of the safety margin from failure for all individual U.S. banks and the banking sector as a whole every year. We provide evidence that in recent years a lower competition and new regulations widened the safety margin of the banking system, resulting in a healthier financial sector as banks become less in total number but act more prudently.

Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1002/ijfe.2300

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wly:ijfiec:v:27:y:2022:i:3:p:2819-2835

Ordering information: This journal article can be ordered from
http://jws-edcv.wile ... PRINT_ISSN=1076-9307

Access Statistics for this article

International Journal of Finance & Economics is currently edited by Mark P. Taylor, Keith Cuthbertson and Michael P. Dooley

More articles in International Journal of Finance & Economics from John Wiley & Sons, Ltd.
Bibliographic data for series maintained by Wiley Content Delivery ().