assets with different types of risk premia. We then derive model-based predictions for cross-asset price movements associated …

market participants are revealed in the yield curves of corporate bonds, as yields reflect risk expectations over various …

increases, so does the risk that a restrictive forward guidance shock will increase rather than decrease stock prices. This …

We assess the impact of geopolitical risk and world uncertainty on the sovereign debt risk of 26 European Economies … European country's sovereign risk as measured by 5- and 10-year Credit Default Swaps (CDS) and bond returns. Moreover, this …

systemic risk spillovers between different IBOR rates in Europe and between these rates and the studied banking systems between … 2006 and now. We employ a set of innovations in calculating two systemic risk measures: ΔCoVaR and SIM, which enables us to …

the inter-temporal relationships among bank efficiency, capital and bank risk-taking in the EU-26 commercial banking …The recent period of crisis in credit markets has highlighted the crucial role of bank risk taking. Our paper assesses …, our paper provides evidence that higher performance (enhanced efficiency) has been not related to higher managerial skills …

reliance of European investors on banks and build up a market-based risk-sharing channel between member states. Our empirical … provide evidence that (i) financial flows are generally pro-cyclical; (ii) market-based risk-sharing mechanisms tend to break … systemic financial crisis. During the Great Recession, failing market risk-sharing was replaced by the ECB through the cross …