Using panel data on selected Financial Soundness Indicators (FSIs) this paper investigates the potential strengths and vulnerabilities of financial intermediaries across more than 50 countries. Our econometric analysis reveals strong influence of business cycle, inflation, and real effective...

Our paper investigates Indonesia's systemically important banks (SIBs) using theoretical approaches-CoVaR, marginal expected shortfall (MES), and SRISK-to compare with the Basel guidelines as benchmark. We use Indonesian banks' market and supervisory data over the 2008-2019 period. The research...

1. Introduction -- 2. Current state of understanding: What does economics say about the economic elite? -- 3. Wealth’s vista. Trends in Wealth and the Rise of the Billionaire -- 4. The Rise of the Dual Economy – Wealth and Inequality -- 5. Sources of Great Fortunes in the World -- 6. Conclusion.