banks as providers of informational and of risk-diversification services. By eliminating exchange rate risks, the euro … on the risk taking of banks. …

This paper criticises the standard methodology used to measure the importance of different channels of risk sharing in …

Risk management has long been recognized as an important component of the portfolio management process. Nonetheless …, the effectiveness of portfolio risk management is often hampered by both an incomplete appreciation of the full potential … of the risk management function and a limited understanding of how the risk of the portfolio interacts with the other …

to force banks to develop adequate internal risk management procedures while taking a largely agnostic approach as to … downplay risk, while large financial institutions gain a significant advantage and the distribution of responsibility between …-grained guidance on how banks should evaluate climate risk. Although we broadly think this approach is the more effective route to …

risk, i.e. farm income excluding subsidies. Detrended measures of market income variability are regressed on a large set of …

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 …

macroeconomic environment, affect the risk profiles of the banking sector in Europe. Through a dataset that covers 3,399 European … heterogeneity of banking risk determinants. I examine the implications of bank leverage that manifest itself as spreading and … provides a causal link between risk in the banking sector and the growth of the financial market and macroeconomy. I apply four …