{"id":"https://openalex.org/W4398147229","doi":"https://doi.org/10.59576/sr.1104","title":"Tracing Bank Runs in Real Time","display_name":"Tracing Bank Runs in Real Time","publication_year":2024,"publication_date":"2024-05-01","ids":{"openalex":"https://openalex.org/W4398147229","doi":"https://doi.org/10.59576/sr.1104"},"language":"en","primary_location":{"id":"doi:10.59576/sr.1104","doi":"https://doi.org/10.59576/sr.1104","is_oa":true,"landing_page_url":"https://doi.org/10.59576/sr.1104","pdf_url":"https://doi.org/10.59576/sr.1104","source":{"id":"https://openalex.org/S4393919745","display_name":"Staff reports","issn_l":"2836-3817","issn":["2836-3817"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Staff Reports (Federal Reserve Bank of New York)","raw_type":"report"},"volume":null,"type":"report","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"bronze","oa_url":"https://doi.org/10.59576/sr.1104","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5047176499","display_name":"Marco Cipriani","orcid":"https://orcid.org/0000-0003-1960-3963","observed_orcids":["https://orcid.org/0000-0003-1960-3963"]},"institutions":[{"id":"https://openalex.org/I43638361","display_name":"Federal Reserve Bank of New York","ror":"https://ror.org/05hwvzg47","country_code":"US","type":"other","lineage":["https://openalex.org/I1317239608","https://openalex.org/I43638361"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Marco Cipriani","raw_affiliation_strings":["Federal Reserve Bank of New York"],"raw_orcid":"https://orcid.org/0000-0003-1960-3963","affiliations":[{"raw_affiliation_string":"Federal Reserve Bank of New York","institution_ids":["https://openalex.org/I43638361"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5028651425","display_name":"Thomas M. Eisenbach","orcid":"https://orcid.org/0000-0001-8994-2720","observed_orcids":["https://orcid.org/0000-0001-8994-2720"]},"institutions":[{"id":"https://openalex.org/I43638361","display_name":"Federal Reserve Bank of New York","ror":"https://ror.org/05hwvzg47","country_code":"US","type":"other","lineage":["https://openalex.org/I1317239608","https://openalex.org/I43638361"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Thomas M. Eisenbach","raw_affiliation_strings":["Federal Reserve Bank of New York"],"raw_orcid":"https://orcid.org/0000-0001-8994-2720","affiliations":[{"raw_affiliation_string":"Federal Reserve Bank of New York","institution_ids":["https://openalex.org/I43638361"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5032877446","display_name":"Anna Kovner","orcid":"https://orcid.org/0000-0002-2347-6453","observed_orcids":["https://orcid.org/0000-0002-2347-6453"]},"institutions":[{"id":"https://openalex.org/I43638361","display_name":"Federal Reserve Bank of New York","ror":"https://ror.org/05hwvzg47","country_code":"US","type":"other","lineage":["https://openalex.org/I1317239608","https://openalex.org/I43638361"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Anna Kovner","raw_affiliation_strings":["Federal Reserve Bank of New York"],"raw_orcid":"https://orcid.org/0000-0002-2347-6453","affiliations":[{"raw_affiliation_string":"Federal Reserve Bank of New York","institution_ids":["https://openalex.org/I43638361"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I43638361"],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":true,"cited_by_count":29,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.9980000257492065,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.9980000257492065,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T14154","display_name":"finance, banking, and market dynamics","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/bank-runs","display_name":"bank runs","score":0.996999979019165},{"id":"https://openalex.org/keywords/interbank-payments","display_name":"interbank payments","score":0.9390000104904175},{"id":"https://openalex.org/keywords/bank-fundamentals","display_name":"bank fundamentals","score":0.47699999809265137},{"id":"https://openalex.org/keywords/publicly-traded-banks","display_name":"publicly traded banks","score":0.7120000123977661},{"id":"https://openalex.org/keywords/deposit-rates","display_name":"deposit interest rates","score":0.7620000243186951},{"id":"https://openalex.org/keywords/bank-financing","display_name":"bank financing","score":0.6000000238418579}],"concepts":[{"id":"https://openalex.org/C138673069","wikidata":"https://www.wikidata.org/wiki/Q322229","display_name":"Tracing","level":2,"score":0.8113291263580322},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.4923809766769409},{"id":"https://openalex.org/C79403827","wikidata":"https://www.wikidata.org/wiki/Q3988","display_name":"Real-time computing","level":1,"score":0.33088767528533936},{"id":"https://openalex.org/C111919701","wikidata":"https://www.wikidata.org/wiki/Q9135","display_name":"Operating system","level":1,"score":0.21649661660194397}],"mesh":[],"locations_count":4,"locations":[{"id":"doi:10.59576/sr.1104","doi":"https://doi.org/10.59576/sr.1104","is_oa":true,"landing_page_url":"https://doi.org/10.59576/sr.1104","pdf_url":"https://doi.org/10.59576/sr.1104","source":{"id":"https://openalex.org/S4393919745","display_name":"Staff reports","issn_l":"2836-3817","issn":["2836-3817"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Staff Reports (Federal Reserve Bank of New York)","raw_type":"report"},{"id":"pmh:oai:RePEc:fip:fedrwp:98842","doi":null,"is_oa":false,"landing_page_url":"https://www.richmondfed.org/-/media/RichmondFedOrg/publications/research/working_papers/2024/wp24-10.pdf","pdf_url":"https://www.richmondfed.org/-/media/RichmondFedOrg/publications/research/working_papers/2024/wp24-10.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:oai:econstor.eu:10419/300494","doi":null,"is_oa":true,"landing_page_url":"https://hdl.handle.net/10419/300494","pdf_url":"https://www.econstor.eu/bitstream/10419/300494/1/1889659010.pdf","source":{"id":"https://openalex.org/S4306401696","display_name":"Econstor (Econstor)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"doc-type:workingPaper"},{"id":"pmh:oai:RePEc:fip:fednsr:98373","doi":null,"is_oa":false,"landing_page_url":"https://www.newyorkfed.org/research/staff_reports/sr1104.html","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"}],"best_oa_location":{"id":"doi:10.59576/sr.1104","doi":"https://doi.org/10.59576/sr.1104","is_oa":true,"landing_page_url":"https://doi.org/10.59576/sr.1104","pdf_url":"https://doi.org/10.59576/sr.1104","source":{"id":"https://openalex.org/S4393919745","display_name":"Staff reports","issn_l":"2836-3817","issn":["2836-3817"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Staff Reports (Federal Reserve Bank of New York)","raw_type":"report"},"sustainable_development_goals":[],"sustainable_development_goals_aurora":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W4398147229.pdf","grobid_xml":"https://content.openalex.org/works/W4398147229.grobid-xml"},"referenced_works_count":29,"referenced_works":["https://openalex.org/W1994827691","https://openalex.org/W2088095267","https://openalex.org/W2146491208","https://openalex.org/W2157509893","https://openalex.org/W2188678433","https://openalex.org/W2550602023","https://openalex.org/W2793793724","https://openalex.org/W2894475665","https://openalex.org/W3122576247","https://openalex.org/W3123113335","https://openalex.org/W3125507740","https://openalex.org/W3125521824","https://openalex.org/W4206923937","https://openalex.org/W4235634207","https://openalex.org/W4285655380","https://openalex.org/W4302353170","https://openalex.org/W4327905871","https://openalex.org/W4362681584","https://openalex.org/W4366137419","https://openalex.org/W4366431534","https://openalex.org/W4366818040","https://openalex.org/W4366960537","https://openalex.org/W4367155450","https://openalex.org/W4378218601","https://openalex.org/W4383219992","https://openalex.org/W4384521270","https://openalex.org/W4387444262","https://openalex.org/W4394621998","https://openalex.org/W4396914336"],"related_works":["https://openalex.org/W7111879937","https://openalex.org/W7097774384","https://openalex.org/W7111677319","https://openalex.org/W7095650847","https://openalex.org/W4214850688","https://openalex.org/W7126057363","https://openalex.org/W7097944366","https://openalex.org/W3040436217","https://openalex.org/W4414631527","https://openalex.org/W3123493829"],"abstract_inverted_index":{"We":[0],"use":[1],"high-frequency":[2],"interbank":[3],"payments":[4],"data":[5],"to":[6,57],"trace":[7],"deposit":[8,101],"flows":[9],"in":[10],"March":[11],"2023":[12],"and":[13,75,98],"identify":[14],"twenty-two":[15],"banks":[16,70,77],"that":[17,25,32,88],"suffered":[18],"a":[19,85,90],"run\u2014significantly":[20],"more":[21],"than":[22,29,47],"the":[23,30,53,64],"two":[24],"failed":[26],"but":[27],"fewer":[28],"number":[31],"experienced":[33],"large":[34,43],"negative":[35],"stock":[36],"returns.":[37],"The":[38],"runs":[39,54],"were":[40,55,71],"driven":[41],"by":[42,94,103],"(institutional)":[44],"depositors,":[45],"rather":[46],"many":[48,76],"small":[49],"(retail)":[50],"depositors.":[51],"While":[52],"related":[56],"weak":[58],"fundamentals,":[59],"we":[60],"find":[61],"evidence":[62],"for":[63],"importance":[65],"of":[66],"coordination":[67],"because":[68],"run":[69,91],"disproportionately":[72],"publicly":[73],"traded":[74],"with":[78],"similarly":[79],"bad":[80],"fundamentals":[81],"did":[82,92],"not":[83],"suffer":[84],"run.":[86],"Banks":[87],"survived":[89],"so":[93],"borrowing":[95],"new":[96],"funds":[97],"then":[99],"raising":[100],"rates\u2014not":[102],"selling":[104],"liquid":[105],"securities.":[106]},"counts_by_year":[{"year":2026,"cited_by_count":5},{"year":2025,"cited_by_count":11},{"year":2024,"cited_by_count":8},{"year":2023,"cited_by_count":3},{"year":2022,"cited_by_count":2}],"updated_date":"2026-10-26T11:51:55.731654","created_date":"2024-05-21T00:00:00"}
