CEPR Discussion Paper: Bank Resolution Regimes and Systemic Risk

Author(s): Thorsten Beck, Deyan Radev, Isabel Schnabel Date: May 2020 Abstract: We assess the ability of bank resolution frameworks to deal with systemic banking fragility. Using a novel and detailed database on bank resolution regimes in 22 member countries of the Financial Stability Board, we show that systemic risk, as measured by △CoVaR, increases more[…]