Exposure to Systemic Risk of the European Too-Big-to-Fail Banks During Crisis
This paper investigates the exposure to systemic risk of “too-bigto- fail” banks. Using a sample of top ten European banks by total assets at the debut of the most recent financial crisis we assess the contagion effects during 2008-2010 by employing the Conditional Value at Risk methodology. Empiric...
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| Format: | Article |
| Language: | English |
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Sciendo
2015-12-01
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| Series: | Review of Economic and Business Studies |
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| Online Access: | https://doi.org/10.1515/rebs-2016-0006 |