Thursday - August 20, 2026
New York Fed: 'Bank Runs With and Without Bank Failure'
July 28, 2026
NEW YORK, July 28 (TNSLrpt) -- The Federal Reserve Bank of New York issued the following staff report (No. 1198) in July 2026 by Sergio Correia, Stephan Luck, and Emil Verner entitled "Bank Runs With and Without Bank Failure."

Here is the abstract:

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We study the causes and consequences of bank runs. By applying large language models to historical newspapers, we create a comprehensive database of bank runs in U.S. history with information on 3 . . .

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