corporate sector using midprice quotes for STCDOs referencing the iTraxx Europe index …

with bank-level data to study the contagion potential of an exogenous shock via credit and funding risks. We find that …-linear function of the combination of network structures and bank-specific characteristics …

We analyze how bank profitability impacts financial stability from both theoretical and empirical perspectives. We … first develop a theoretical model of the relationship between bank profitability and financial stability by exploring the … empirical determinants of bank risks and profitability, and how the level and the source of bank profitability affect risks for …

This paper constructs a new measure of currency mismatch in the banking sector that controls for bank lending to …

We measure bank vulnerability in emerging markets using the distance-to-default, a risk-neutral indicator based on … 38 banks in 14 emerging market countries. Results show it can predict a bank''s credit deterioration up to nine months in … advance. The distance-to-default, hence, may prove useful for bank monitoring purposes …

This paper examines bank credit growth in emerging markets before, during, and after the 2008-09 financial crisis using … bank-level data, focusing on the role of bank ownership. Credit growth by foreign banks lagged behind that of domestic … banks in 2009 in Asia, and in 2010 in Latin America and emerging Europe. State-owned banks instead played a counter …

This paper reviews the approaches to systemic risk analysis in 32 central bank financial stability reports (FSRs). We … and growth-at-risk, more frequently than Article IV staff reports. We emphasize that a central bank FSR typically presents …