of fire sale mechanisms. We then demonstrate the power of the methodology on the euro area banking system based on a …

euro area and for supervising all euro area banks in order to ensure their safety and soundness, some directly and some …

total assets for a broad sample of euro area banks. Using the estimated parameters, it conducts a scenario analysis … particular with changes in its own lag, the shortterm interest rate, stock market returns and real GDP growth. They also show …

solvency of the main euro area insurance sectors. We model the balance sheet of an insurance company encompassing both life and … non-life business and we calibrate it using country level data to make it representative of the major euro area insurance …

benefits of LAW using the Svensson (2017) framework for the euro area and find that the costs outweigh the benefits. Second, we … macroprudential policy has net marginal benefits in addressing risks to financial stability in the euro area, whereas monetary policy …

This paper presents a novel approach to investigate and model the network of euro area banks' large exposures within … risk of the euro area banking system based on bilateral linkages. We then develop a Contagion Mapping (CoMap) methodology … that tipping points shifting the euro area banking system from a less vulnerable state to a highly vulnerable state are a …