Maarten R. C. van Oordt and Chen Zhou, "Systemic Risk and Bank Business 
Models", Journal of Applied Econometrics, Vol. 34, No. 3, 2019, pp. 
365-384.

All files except the online appendix are zipped in files-voz.zip.

# List of important files

File name:
./programs/results_paper.do
./data/MainDatabase.csv

Description:

The file "results_paper.do" contains the Stata-script that directly 
replicates the estimation results in our paper and in the online appendix. 
The Stata script relies on the database in "maindatabase.csv", which 
contains both the systemic risk measure (and its subcomponents),
as well the data from the call reports. Together with the ado-files 
in the "./programs/ado"-folder, these two files are sufficient to replicate
all results in the paper and almost all results in the online appendix.


Filename:
./programs/estimatesystemicrisk.R
./data/calcs/tailbetas2011.csv

Description:

The file "estimatesystemicrisk.R" is not necessary to replicate our 
results, but provides more insight in how the systemic risk measures
are estimated. This file contains an R-script that generates the file
"tailbetas2011.csv". Note however that running this file requires the
user access banks' stock return data from the Center for Research in
Security Prices (CRSP), which is a proprietory dataset.