This paper develops a new risk meter specifically for China - FRM@China - to detect systemic financial risk as well as … the most popular financial risk measure, FRM@China has less noise. It also emitted a risk signature much earlier than the … allow both the assessment of risk transfer between different sectors in which FIs operate and the prediction of systemic …

individual financial risk taste changes over time with the background macroeconomic and financial conditions, as well as personal … and subjective exposure to portfolio risk. Considering six different self-assessed facets, we find that risk appetite is … higher during periods of economic growth and lower during periods of recession. Risk taste is however unrelated to time when …

Measuring risk is at the center of modern financial risk management. As the world economy is becoming more complex and … analyze the global market. In this paper, we provide a novel approach for measuring market risk called Encoded Value-at-Risk …

The Financial Risk Meter (FRM) is an established mechanism that, based on conditional Value at Risk (VaR) ideas, yields … insight into the dynamics of network risk. Originally, the FRM has been composed via Lasso based quantile regression, but we … coherent and multivariate tail risk indicator conditional expectile-based VaR (CoEVaR) can be derived, which is sensitive to …

willing to assume above-average risk for financial gain. Consistent with earlier evidence that entrepreneurs save more … systems. Efforts to reduce risk should focus on the business venture, such as full loss offsets, rather than focusing on …

entrepreneurs are financially conservative based on borrowing and savings questions but are more likely to assume risk for financial … opportunities through transparent tax, legal, and regulatory systems. Efforts to reduce entrepreneurial risk should focus on the …

Risk measurement and pricing of financial positions are based on modeling assumptions, which are common assumptions on … model risk by considering a model space. First, we incorporate model risk into market risk measures by introducing model … weighted and superposed market risk measures. Second, we quantify model risk itself and propose axioms for model risk measures …