TY  - UNPD
A1  - Alessandri, Piergiorgio
A1  - Masciantonio, Sergio
A1  - Zaghini, Andrea
T1  - Everything you always wanted to know about systemic importance (but were afraid to ask)
T2  - Center for Financial Studies (Frankfurt am Main): CFS working paper series ; No. 463
N2  - We develop a methodology to identify and rank “systemically important financial institutions” (SIFIs). Our approach is consistent with that followed by the Financial Stability Board (FSB) but, unlike the latter, it is free of judgment and it is based entirely on publicly available data, thus filling the gap between the official views of the regulator and those that market participants can form with their own information set. We apply the methodology to annual data on three samples of banks (global, EU and euro area) for the years 2007-2012. We examine the evolution of the SIFIs over time and document the shifs in the relative weights of the major geographic areas. We also discuss the implication of the 2013 update of the identification methodology proposed by the FSB.
T3  - CFS working paper series - 463 
KW  - G-SIFIs
KW  - Systemic risk
KW  - too-big-to-fail
KW  - financial crisis
Y1  - 2014
UR  - http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/34745
UR  - https://nbn-resolving.org/urn:nbn:de:hebis:30:3-347450
UR  - https://www.ifk-cfs.de/2451.html
PB  - Center for Financial Studies
CY  - Frankfurt, M.
ER  -