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spill-over effects that could pave the way to another global financial crisis. The current public interest test leads to the …
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We propose in this paper a simulation framework of pandemic in financial system composed of banks, asset markets and interbank markets. This framework aims at complementing the usual stress-test strategies that evaluate the impact of shocks on individual balance-sheets without taking into...
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: Banking Regulation9 Global pandemic crisis and financial stability (Filippo Annunziata & Michele Siri)10 Blancing macro- and … resolution framework amidst the pandemic crisis (Christos V. Gortsos)12 Lending activity in the time of coronavirus (Concetta …
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-Infected-Recovered) transmission models from epidemic theory. This class of models addresses two important features of contagion modelling, which are a … outcome and temporal data. The latter require the introduction of a novel hierarchical model that we call the Hidden Epidemic … Model (HEM), and which embeds the stochastic financial epidemic as a latent process. The empirical results suggest, among …
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