13-186/IV - Short-Selling, Leverage and Systemic Risk

• Authors
  Amelia Pais, Massey University, College of Business, School of Economics and Finance, Auckland, New Zealand; Philip A. Stork, VU University Amsterdam, and Duisenberg School of Finance
• Publication date
  November 15, 2013

• Keywords
  bear raids, short-selling bans, financial institutions’ risk, systemic risk, leverage capital requirements, Extreme Value Theory
• JEL
  C14, G01, G15, G21