This Time Is the Same: Using Bank Performance in 1998 to Explain Bank Performance during the Recent Financial Crisis

Material TypeArticleLanguageEnglish
TitleThis Time Is the Same: Using Bank Performance in 1998 to Explain Bank Performance during the Recent Financial Crisis Author(S)RـDIGER FAHLENBRACH (Author)
Abstract  Are some banks prone to perform poorly during crises? If yes, why? In this paper, we show that a bank's stock return performance during the 1998 crisis predicts its stock return performance and probability of failure during the recent financial crisis. ...Paginationp 2139–2185
SubjectEconomicsDescriptorsEconomics
Journal TitleThe Journal of Finance  
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