in the safety net and the integrated risk management over bank and insurance industry. First, the safety net institutions … regulatory regimes over bank and insurance industry may induce the regulatory capital arbitrage chances, and lead to the risk … transfer among the financial institutions. Worse scenario is that this may trigger the increase of the systemic risk and that …

institutions as they pay the same fixed rate regardless of their default risk. While previous studies such as Merton (1977)'s model … solution for the put back options developed in Lee and Joh (2007), this paper derives a solution for risk-based deposit …

, managerial performance and the level of risk by using quantile regression, F- and the Kruskal-Wallis tests. Our empirical …

that converge into systemic risks and complicate risk management practices. Emerging market systemic risks are usually … and draws implications for effective macroprudential supervision. Unlike the strains of typical portfolio credit risk …-contingent interactions with financial-macro factors. We employ a two-pronged approach based on portfolio credit risk and factor models to …

policy tools should be applied to the individual financial institution, which makes measuring the systemic risk contribution … by an individual institution essential prerequisite. This paper attempts to measure the systemic risk contribution by an …'s contribution to the systemic risk when the financial system as a whole is under distress, as proposed by Acharya et al.(2010 …

system from the increase in systemic risk. This paper attempts to provide some practical guidance on operating …

individual contribution to changes in systemic risk as measured by a set of indicators developed earlier by Choi (2011 … systemic risks. The results suggest the needs to strengthen market frastructures for individual risk management before setting …

informative, and furthermore that the systemic risk contribution of an individual bank has a nonlinear relationship with the size …