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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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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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resolution framework amidst the pandemic crisis (Christos V. Gortsos)12 Lending activity in the time of coronavirus (Concetta …
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Financial Crisis (GFC) and COVID-19 pandemic. Our analysis across the ten largest economies in the world shows that the … has the highest death toll and infection rates of COVID in the world. The largest cryptocurrency, Bitcoin appears as a …
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The COVID-19 pandemic has induced chaos and turbulence in financial markets. The ongoing discussions and expectations for the future are quite bleak. In this study, we analyze the current status of the deterioration in foreign exchange markets by comparing it with the turbulence seen in the...
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crisis trend and behavior in the short and long run, respectively …
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