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The recapitalization needs of European banks if a new financial crisis occurs

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  • Eric Dor

    (IESEG School of Management (LEM-CNRS))

Abstract

This paper computes the total recapitalization needs of the banking sector of each European country in case of a new systemic financial crisis. These estimations are based on the estimated capital shortages of big individual banks published by the Volatility Laboratory of New York University Stern Business School and the Center for Risk Management of Lausanne.

Suggested Citation

  • Eric Dor, 2013. "The recapitalization needs of European banks if a new financial crisis occurs," Working Papers 2013-ECO-19, IESEG School of Management.
    • Handle: RePEc:ies:wpaper:e201319
    as

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    File URL: http://www.ieseg.fr/wp-content/uploads/2013-ECO-19_Dor.pdf
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    References listed on IDEAS

    as
    1. Acharya, Viral & Engle, Robert & Pierret, Diane, 2014. "Testing macroprudential stress tests: The risk of regulatory risk weights," Journal of Monetary Economics, Elsevier, vol. 65(C), pages 36-53.
    2. Robert Engle & Eric Jondeau & Michael Rockinger, 2015. "Systemic Risk in Europe," Review of Finance, European Finance Association, vol. 19(1), pages 145-190.
    3. Engle, Robert, 2002. "Dynamic Conditional Correlation: A Simple Class of Multivariate Generalized Autoregressive Conditional Heteroskedasticity Models," Journal of Business & Economic Statistics, American Statistical Association, vol. 20(3), pages 339-350, July.
    4. Viral Acharya & Robert Engle & Matthew Richardson, 2012. "Capital Shortfall: A New Approach to Ranking and Regulating Systemic Risks," American Economic Review, American Economic Association, vol. 102(3), pages 59-64, May.
    Full references (including those not matched with items on IDEAS)

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