Showing 1 - 7 of 7
We estimate a multivariate early-warning model to assess the usefulness of private credit and other macro-financial variables in predicting banking sector vulnerabilities. Using data for 23 European countries, we find that global variables and in particular global credit growth are strong...
Persistent link: https://www.econbiz.de/10011975644
We develop a framework to analyse the Credit Default Swaps (CDS) market as a network of risk transfers among counterparties. From a theoretical perspective, we introduce the notion of flow-of-risk and provide sufficient conditions for a bow-tie network architecture to endogenously emerge as a...
Persistent link: https://www.econbiz.de/10011975749
This paper provides a unique snapshot of the exposures of EU banks to shadow banking entities within the global … challenging when shadow banking entities are domiciled in different jurisdictions. The analysis shows that many of the EU banks …' exposures are towards non-EU entities, particularly US-domiciled shadow banking entities. At the individual level, banks …
Persistent link: https://www.econbiz.de/10011976217
This report elucidates the risk channels for EU economies associated with international financial integration and …
Persistent link: https://www.econbiz.de/10012160494
towards establishing a common ground for macroprudential oversight and policymaking in the EU. The database focuses on …
Persistent link: https://www.econbiz.de/10011972947
vulnerabilities in terms of their macroeconomic and financial stability impact in the European Union (EU). …
Persistent link: https://www.econbiz.de/10012243471
towards establishing a common ground for macroprudential oversight and policymaking in the EU. The database focuses on …
Persistent link: https://www.econbiz.de/10011698592