Should-Read: Mary Amiti and David Weinstein: Why shocks to large banks cause big GDP swings: “Banks are large relative to the economies they serve… … [Using] comprehensive data on Japanese banks from 1990 to 2010… the fates of individual banks matter for aggregate performance. Much of the fluctuation in Japanese aggregate investment appears to be … Continue reading hould-Read: Mary Amiti and David Weinstein: Why shocks to large banks cause big GDP swings