Showing 1 - 10 of 777
risk events driven by climate change, rather than just individual extreme events, to better understand financial stability …
Persistent link: https://www.econbiz.de/10015059150
climate risk analysis …
Persistent link: https://www.econbiz.de/10015059092
to other countries. We quantify the projections of future distributions of various risk metrics and, hence, the evolving …
Persistent link: https://www.econbiz.de/10015059149
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 …
Persistent link: https://www.econbiz.de/10015059060
growth and asset price volatility indicators to capture mispricing of risk in asset markets. Using a quarterly panel of 108 … about systemic risk levels to policymakers …
Persistent link: https://www.econbiz.de/10015059236
The paper reviews the policy response of major central banks during the 2007-08 financial market turbulence and suggests that there is scope for convergence among central bank operational frameworks through the adoption of those elements that proved most instrumental in calming markets. These...
Persistent link: https://www.econbiz.de/10014409061
Climate change poses an unprecedented challenge to the world economy and the global financial system. This paper sets … climate mitigation, and the direction of the risk is identified through manual labels. The documented risk premium indicates …
Persistent link: https://www.econbiz.de/10015059379
Bank stress tests of climate change risks are relatively new, but are rapidly proliferating. The IMF and World Bank … 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 …
Persistent link: https://www.econbiz.de/10015060165
Persistent link: https://www.econbiz.de/10012678161
In distilling a vast literature spanning the rational- irrational divide, this paper offers reflections on why asset bubbles continue to threaten economic stability despite financial markets becoming more informationally-efficient, more complete, and more heavily influenced by sophisticated...
Persistent link: https://www.econbiz.de/10012686794