Showing 1 - 8 of 8
The prolonged crisis exposed the vulnerability of a monetary union without a banking union. The Single Supervisory Mechanism (SSM), which started operating in November 2014, is an essential step towards restoring banks to health and rebuilding trust in the banking system. The ECB is today...
Persistent link: https://www.econbiz.de/10012132851
This paper presents a novel approach to investigate and model the network of euro area banks' large exposures within the global banking system. Drawing on a unique dataset, the paper documents the degree of interconnectedness and systemic risk of the euro area banking system based on bilateral...
Persistent link: https://www.econbiz.de/10012102210
Persistent link: https://www.econbiz.de/10011618800
scenarios used in the 2016 EU-wide stress test. The results indicate that the fee and commission income ratio is varying in …
Persistent link: https://www.econbiz.de/10011637357
This paper presents a novel approach to investigate and model the network of euro area banks' large exposures within the global banking system. Drawing on a unique dataset, the paper documents the degree of interconnectedness and systemic risk of the euro area banking system based on bilateral...
Persistent link: https://www.econbiz.de/10011959290
Due to the international dimension of the financial sector within the EU and beyond, domestically oriented … national approaches within the EU for assessing and monitoring such cross-border spillover effects. The paper accompanies an …
Persistent link: https://www.econbiz.de/10012254361
In this paper we present a methodology of model-based calibration of additional capital needed in an interconnected financial system to minimize potential contagion losses. Building on ideas from combinatorial optimization tailored to controlling contagion in case of complete information about...
Persistent link: https://www.econbiz.de/10012519357
events heralded significant reforms of the EU's governance and financial architecture. On the tail of these two crises, the … sequence of financial reforms has improved the sector's ability to deal with major macro-financial shocks at the EU/euro area … that during the same period major developments within the EU non-bank financial sector were observed. The COVID19 crisis …
Persistent link: https://www.econbiz.de/10013368565