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

This paper assesses the macroeconomic implications of the Basel III finalisation for the euro area, employing a large …-scale semi-structural model encompassing over 90 banks and 19-euro area economies. The new regulatory framework will influence … the reform, namely a transitory reduction in euro area gross domestic product (GDP) and in lending to the non …

share of non-performing loans (NPLs) on the balance sheets of euro area banks. The first is the coverage expectations for … assessment of the package is analysed via a semi-structural model, the Banking Euro Area Stress Test (BEAST). The coverage …

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 develop a Contagion Mapping model fully calibrated … tipping points shifting the euro area banking system from a less vulnerable state to a highly vulnerable state are a non …

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 …