are that complementing bank specific vulnerabilities with indicators for macro-financial imbalances and banking sector … both bank and country-level data. As outright bank failures have been rare in Europe, the paper introduces a novel dataset … vulnerabilities improves model performance and yields useful out-of-sample predictions of bank distress during the current financial …

the global banking system. Drawing on a unique dataset, the paper documents the degree of interconnectedness and systemic … risk of the euro area banking system based on bilateral linkages. We then develop a Contagion Mapping (CoMap) methodology … contagion which can be used to calibrate bank-specific capital and liquidity requirements and large exposures limits. We find …

This paper builds a macro-prudential tool designed to assess whether the banking sector is adequately prepared to … banking sector and the real sector is established via the corporate sector channel. The macro-prudential tool consists of a … order to capture the feedback effects from the macroeconomic stance into the banking sector, via the corporate sector …

banking sector using publicly available information. The proposed model makes use of the network structure of financial …

communication leads to greater trust in the central bank among the general public, as it has a positive impact on perceptions of the … been conducted on central bank communication with financial markets, little is known so far on central bank communication … connect with a wider public are not in vain. In a randomised controlled trial, I focus on the determinants of trust in the …

Using micro data from the 2015 Dutch CentERpanel, we examine whether trust in the European Central Bank (ECB … find that higher trust in the ECB lowers inflation expectations on average, and significantly reduces uncertainty about …

financial precautionary behavior. We present empirical evidence demonstrating that higher trust in public insurance systems … reduces net liquid wealth while higher trust in communal insurance increases it. This dichotomy is consistent with theories on … access to private risk sharing networks. Moreover, we find that both types of trust associate positively with the probability …

expectations from the central bank's objective. This is shown within a framework where agents form expectations using adaptive …

We explore how fiscal consolidations affect private sector confidence, a possible channel for the fiscal transmission …) show that consolidations, and in particular their unanticipated components affect confidence negatively. The effects are … accurate picture of how consolidations affect confidence, we construct a monthly dataset of consolidation announcements based …

sentiment (considering both confidence and uncertainty) and economic activity. Second, we review existing empirical measures of … sentiment, in particular consumer confidence, stock market volatility (SMV) and Economic Policy Uncertainty (EPU), on monthly … across countries, suggesting the existence of a global factor. Consumer confidence has the closest co-movement with economic …