propose a new bank systemic risk measure to consider the two components of systemic risk: cross-sectional and time dimension …. The aim is to highlight the “time-space dynamics” of contagion, i.e., if the CDS spread of bank i depends on the CDS …. Moreover, we analyse the role of the European Central Bank in managing contagion risk. We find that monetary policy has been …

Since the European Central Bank’s (ECB’s) 2003 strategy review, the importance of macro-financial amplification …

accountability and transparency), with special attention to the position of a central bank across the European Union countries. The …

How does macroprudential regulation affect financial stability in the presence of non-bank financial intermediaries? We … estimate the contributions of traditional banks vis-'a-vis non-bank financial intermediaries to changes in systemic risk …-prudential regulation, generally, decreases systemic risk among traditional banks, it has the opposite effect on systemic risk in the non-bank …

Since the European Central Bank’s (ECB’s) 2003 strategy review, the importance of macro-financial amplification …