Showing 1 - 10 of 19
Persistent link: https://www.econbiz.de/10009545774
Persistent link: https://www.econbiz.de/10009247000
We examine systemic risk in the Chinese banking system by estimating the conditional value at risk (CoVaR), the marginal expected shortfall (MES), the systemic impact index (SII) and the vulnerability index (VI) for 16 listed banks in China. Although these measures show different patterns, our...
Persistent link: https://www.econbiz.de/10011342308
Persistent link: https://www.econbiz.de/10009732894
Persistent link: https://www.econbiz.de/10010503603
Persistent link: https://www.econbiz.de/10012302074
Persistent link: https://www.econbiz.de/10014235191
Persistent link: https://www.econbiz.de/10014251305
Persistent link: https://www.econbiz.de/10014373574
This paper investigates the effect of economic policy uncertainty (EPU) on gambling activity in China. Based on a theoretical model, we hypothesize that EPU increases the demand for hope which raises the willingness to pay for lottery tickets, resulting in higher lottery sales. We estimate a...
Persistent link: https://www.econbiz.de/10013503360