consumption across countries from the predictions of models with full risk sharing. It is commonly believed that these risk … that the full risk sharing equilibrium may not require much diversification of equity portfolios when there is price …

concerns about crypto assets been picked up in systemic risk assessment, and what can be done going forward? In this paper, we …, we propose a country-level Crypto-Risk Assessment Matrix (C-RAM) to summarize the main vulnerabilities, useful indicators … weave in specific vulnerabilities stemming from crypto asset activity into their assessment of systemic risk, and how they …

climate risk analysis …

risk events driven by climate change, rather than just individual extreme events, to better understand financial stability …

climate mitigation, and the direction of the risk is identified through manual labels. The documented risk premium indicates …

building a dynamic stochastic general equilibrium model linked to global climate and a catastrophe risk model specifically for … drawing strong conclusions about the relevance of climate risk, as the model focused only on typhoons' physical capital …

Amid increased size and complexity of the banking industry, operational risk has a greater potential to transpire in … more harmful ways than many other sources of risk. This paper provides a succinct overview of the current regulatory … framework of operational risk under the New Basel Capital Accord with a view to inform a critical debate about the influence of …

This paper investigates the generalized parametric measurement methods of aggregate operational risk in compliance with … the regulatory capital standards for operational risk in the New Basel Capital Accord ("Basel II"). Operational risk is … commonly defined as the risk of loss resulting from inadequate or failed internal processes and information systems, from …