Luc Laeven is Deputy Division Chief in the Research Department of the International Monetary Fund and Full Professor of Finance at CentER, Tilburg University. Prior to this, he was a Senior Economist at the World Bank. His research focuses on international banking and corporate finance and has been published in top academic journals, including the Journal of Finance, the Journal of Financial Economics, and the Review of Financial Studies. He has also published a book on Systemic Financial Crises: Containment and Resolution (Cambridge Univ Press) and a book on Deposit Insurance around the World (MIT Press). He is a Research Fellow of the Centre for Economic Policy Research (CEPR) and a Research Associate of the European Corporate Governance Institute (ECGI).
Luc Laeven
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Tracking Variation in Systemic Risk at US Banks During 1974-2013
This paper proposes a theoretically based and easy-to-implement way to measure the systemicrisk of financial institutions using publicly available accounting and stock market data.