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This paper presents findings of Financial System Stability Assessment for the Netherlands, including Reports on the … international front and domestically appear well within the capacity of the banks to manage them. The pensions sector, though still …
Persistent link: https://www.econbiz.de/10014406001
This paper discusses key findings of the Financial System Stability Assessment for Italy. The assessment reveals that Italy’s financial system is sound, and no major vulnerabilities that could cause systemic risks are identified. The deep restructuring of the banking sector in the 1990s has...
Persistent link: https://www.econbiz.de/10014405101
Over millennia, mankind has used hard cash in various forms ranging from shells to gold coins and paper. More recently, cash has become unpopular in political circles, as it effectively restricts states’ power to tax (explicitly or via negative interest rates) or to survey and potentially...
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We model how a cyber attack may be amplified through the U.S. financial system, focusing on the wholesale payments … network. We estimate that the impairment of any of the five most active U.S. banks will result in significant spillovers to … other banks, with 38 percent of the network affected on average. The impact varies and can be larger on particular days and …
Persistent link: https://www.econbiz.de/10012161511
We analyze how systemic cyber risk in the wholesale payments network relates to adverse financial conditions. We show …
Persistent link: https://www.econbiz.de/10013277486
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