This paper extends traditional payment system simulation analysis to counterparty liquidity risk exposures. The used stress test scenario corresponds to the counterparty stress scenario applied in the BCBS standard "Monitoring tools for intraday liquidity management" (BIS, 2013). This stress...

This article discusses the environmental effects of transport, with a particular focus on the natural environment. The authors present methods used for assessing the influence of investments in transport infrastructure on the environment, as well as the concept of a simulation model, which...

Risk accompanies every economic decision. Investment decisions are burdened with particularly great risk. Quantification of risk belongs to most heaviest tasks in risk management of the investment project. Traditionally, probability distribution was being utilized for the description of the...

This article discusses the environmental effects of transport, with a particular focus on the natural environment. The authors present methods used for assessing the influence of investments in transport infrastructure on the environment, as well as the concept of a simulation model, which...