The G-20 Data Gaps Initiative has called for the IMF to develop standard measures of tail risk, which we identify in … this paper with systemic risk. To understand the conditions under which tail risk is present, it is first necessary to … performance of eleven near-term systemic risk indicators as ‘early’ warning of distress among top financial institutions in the …

risk transfers could modify the risk profile of entire financial systems, and thus an enriched simulation algorithm able to … account for risk transfers is proposed. Finally, we discuss how some of the limitations of our simulations are a reflection of …

The recent global financial crisis has forced a re-examination of risk transmission in the financial sector and how it … framework that helps mitigate the risk from systemic linkages with a view towards enhancing the resilience of the financial … sector. This paper presents a forward-looking framework ("Systemic CCA") to measure systemic solvency risk based on market …

-crisis period were more likely to fail afterward. The likelihood of bank failure also increases with bank risk-taking. In the cross …-section, the smaller domestically-oriented banks were relatively more vulnerable to liquidity risk, while the large cross …-border banks were more susceptible to solvency risk due to excessive leverage. The results support the proposed Basel III …

alleviated by a suitably designed bankruptcy regime that facilitates debt restructuring. …

Finanzdienstleistungsaufsicht (BaFin) and the Bundesbank have closely coordinated with the interagency risk committee on banking matters, which also …