require to carry maturity risk. During a boom, profitability is increasing and thus spreads are low, while during a recession … and their appetite to bear the risk of maturity transformation. We first show that fluctuations of the future … profitability of banks’ portfolios affect their ability to cover for any liquidity shortage and hence influence the premium they …

the Literature -- 12. How Accurate Are Risk Models During COVID-19 Pandemic Period? -- 13. What Does Matter The Climate … Change Risk On Agriculture Adaptation: Evidence From Southern Mediterranean Country. … and raised economic uncertainty. This book asserts that markets integration have boosted contagion and risk spillovers …