银行系统压力：揭示其对美国工业风险的影响

IF 6.9 2区经济学 Q1 BUSINESS, FINANCE

Research in International Business and Finance Pub Date : 2025-02-17 DOI:10.1016/j.ribaf.2025.102806

Siyu Yi , Sitong Li , Gengxuan Chen

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引用次数: 0

摘要

使用Craig（2020）提出的银行系统压力（BSS）指数，我们研究了BSS对美国各行业风险的影响。研究结果表明，BSS的增加对不同行业的风险有不同的影响。动态关系分析结果表明，BSS冲击对美国经济发展趋势的影响并不持久。我们进一步发现，银行系统压力的增加显著增强了不同行业风险之间的相关性，从而导致跨行业风险的互联性增加及其系统性风险贡献。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Banking system stress: Unravelling its influence on U.S. industry risk

Using the Banking System Stress (BSS) Index proposed in Craig (2020), we investigate the impact of BSS on the risk of various industries in the United States. The findings indicate that an increase in the BSS has different impacts on risk across various industries. The results of the dynamic relationship analysis indicate that the impact of BSS shocks on the economic development trend of the United States is not enduring. We further find that an increase in banking system stress significantly enhances the correlation between the risk of different industries, leading to an increase in the interconnection of risks across industries and their systemic risk contribution.

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来源期刊

Research in International Business and Finance BUSINESS, FINANCE-

CiteScore

11.20

自引率

9.20%

发文量

240

期刊介绍： Research in International Business and Finance (RIBAF) seeks to consolidate its position as a premier scholarly vehicle of academic finance. The Journal publishes high quality, insightful, well-written papers that explore current and new issues in international finance. Papers that foster dialogue, innovation, and intellectual risk-taking in financial studies; as well as shed light on the interaction between finance and broader societal concerns are particularly appreciated. The Journal welcomes submissions that seek to expand the boundaries of academic finance and otherwise challenge the discipline. Papers studying finance using a variety of methodologies; as well as interdisciplinary studies will be considered for publication. Papers that examine topical issues using extensive international data sets are welcome. Single-country studies can also be considered for publication provided that they develop novel methodological and theoretical approaches or fall within the Journal''s priority themes. It is especially important that single-country studies communicate to the reader why the particular chosen country is especially relevant to the issue being investigated. [...] The scope of topics that are most interesting to RIBAF readers include the following: -Financial markets and institutions -Financial practices and sustainability -The impact of national culture on finance -The impact of formal and informal institutions on finance -Privatizations, public financing, and nonprofit issues in finance -Interdisciplinary financial studies -Finance and international development -International financial crises and regulation -Financialization studies -International financial integration and architecture -Behavioral aspects in finance -Consumer finance -Methodologies and conceptualization issues related to finance