Results 21 to 30 of about 9,640,886 (365)
Risk-Sharing and the Creation of Systemic Risk [PDF]
SSRN Electronic Journal, 2020 We address the paradox that financial innovations aimed at risk-sharing appear to have made the world riskier. Financial innovations facilitate hedging idiosyncratic risks among agents; however, aggregate risks can be hedged only with liquid assets. When risk-sharing is primitive, agents self-hedge and hold more liquid assets; this buffers aggregate ...
Acharya, Viral V. +2 more
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Monitoring Vulnerabilities in the Residential Real Estate Sector in Poland
Gospodarka Narodowa. The Polish Journal of Economics, 2020 This paper applies a framework for monitoring vulnerabilities in the residential real estate sector to the case of Poland. The framework considers indicators across three dimensions of real estate-related vulnerabilities, i.e.
Magdalena Grothe
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Systemic Risk and the COVID Challenge in the European Banking Sector
Journal of Banking & Finance, 2020 This paper studies the systemic risk contribution of a set of large publicly traded European banks. Over a sample covering the last twenty years and three different crises, we find that all banks in our sample significantly contribute to systemic risk ...
Nicola Borri, Giorgio Di Giorgio
semanticscholar +1 more source
Frontiers in Climate, 2022 Physical tipping points have gained a lot of attention in global and climate change research to understand the conditions for system transitions when it comes to the atmosphere and the biosphere.
Sirkku Juhola +5 more
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The multi-layer network nature of systemic risk and its implications for the costs of financial crises [PDF]
, 2015 The inability to see and quantify systemic financial risk comes at an immense social cost. Systemic risk in the financial system arises to a large extent as a consequence of the interconnectedness of its institutions, which are linked through networks of
Martínez-Jaramillo, Serafín +4 more
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EU banks after the crisis: sinners in the hands of angry markets
Journal of Banking and Financial Economics, 2018 European Union banks were severely hit by the global fi nancial crisis in 2008 and their stock prices and returns have generally not recovered since then, differently to what has been observed in other sectors (i.e., non-fi nancial corporations) and ...
Antonio Sánchez Serrano
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Transatlantic systemic risk [PDF]
Journal of Banking & Finance, 2013 In this paper we study systemic risk for the US and Europe. We show that banks’ exposures to common risk factors are crucial for systemic risk. We come to this conclusion by rst showing that relations between US and European banks are smaller than within each region.
Trapp, Monika, Wewel, Claudio
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Invited perspectives: Views of 350 natural hazard community members on key challenges in natural hazards research and the Sustainable Development Goals [PDF]
Natural Hazards and Earth System Sciences, 2022 In this paper, we present the results of an NHESS (Natural Hazards and Earth System Sciences) 20th anniversary survey, in which 350 natural hazard community members responded to two questions: (Q1) “what are the top three scientific challenges you ...
R. Šakić Trogrlić +3 more
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Loan renegotiation and the long-term impact on total factor productivity
Latin American Journal of Central Banking, 2022 When a loan is close to becoming non-performing, banks have stronger incentives to renegotiate it in favourable conditions for the borrower (loan forbearance) rather than for recognising and resolving the non-performing loan.
Antonio Sánchez Serrano
doaj
Navigating systemic risks: governance of and for systemic risks [PDF]
Global SustainabilityAbstract Non-technical summary Systemic risks such as climate change and pandemics are complex and interconnected. Managing such risks requires effective organisational structures and processes. This publication presents conceptually robust, evidence-based approaches for assessing and managing systemic risks.
Pia-Johanna Schweizer, Sirkku Juhola
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