We have constructed a financial conditions index for Norway (FCIN). The FCIN offers a daily update on Norwegian financial conditions based on data from January 2003 on bank lending rates, bond spreads, the foreign exchange market, the stock market and the housing market. The index is constructed...

This paper contributes to the financial crisis literature by developing a deep learning model for predicting financial crisis events. We propose a novel gated graph neural network (GGNN) early warning model based on information spillover networks. The spillover network allows us to clarify the...

Financial systemic risk can be characterized by coexceedances in asset prices in financial markets. This paper proposes a method to determine the lead-lag effect of stock exceedances under a complex network framework and uses the leading stocks to predict the systemic risk occurring in the...

This study investigates the performance of a refrigeration unit by applying a spray evaporative cooling system to an air-cooled chiller. Experiments are conducted in the temperate monsoon climate region by combining the spray evaporative cooling system with the air-cooled chiller. Moreover, this...