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 …

Systemic risk remains a major concern to policymakers since widespread defaults in the corporate and financial sectors … could pose substantial costs to society. Forward-looking measures and/or indicators of systemic default risk are thus needed … systemic default risk indicators using the information embedded in single-tranche standardized collateralized debt obligations …

United Kingdom - are more promising while still entailing significant implementation challenges. A risk factor common to all … of the financial system. Since this could lead to accumulation of systemic risk if left unchecked, it appears unlikely …

The financial market turmoil of recent months has highlighted the importance of counterparty risk. Here, we discuss … counterparty risk that may stem from the OTC derivatives markets and attempt to assess the scope of potential cascade effects. This … risk is measured by losses to the financial system that may result via the OTC derivative contracts from the default of one …

outside of the central bank, and the twin-peaks model, with a systemic risk regulator (central bank) on the one hand and a … regulatory structures are geared more explicitly towards the mitigation of systemic risk-including through the introduction of …