*4.1.2. Banking data restrictions*

In our study, we did not consider Central Banks, subsidiaries, banks with incomplete (inconsistent or non-continuous) information nor observations with negative HQLA, NCO, ASF, RSF or other values (see, for instance, [9] and [17]). Furthermore, we use non-permanent samples that do not suffer from survivorship bias to study cross sectional patterns. For our sample, bank failure data for the period 2002 to 2012 was obtained from deposit insurance schemes or implicit government protection schemes. For instance, for the US, such data was obtained from the Federal Deposit Insurance Corporation (see [9] and [17] for more details). We choose the period 2002-2012 because available EMERG global liquidity data does not allow us to reliably determine the LCR and NSFR prior to 2002 (see, for instance, [9] and [17]).
