Purpose: This paper aims to examine the relationship between abnormal loan growth and risk in Swedish financial institutions by type and borrower using three indicators as proxies for risks related to loan losses, the ratio of interest income to total loans and solvency perspectives....

Purpose: The purpose of this paper is to examine the spillover effects in international financial markets related to investors’ risk aversion as proxied by the variance premium, and how these relationships were affected by the quantitative easing (QE) announcements by the Federal Reserve....

Purpose - The purpose of this paper is to show how the influence of the diffusion speed of a financial innovation (FI) increases the operational risk (OR) in any business line with different rate.Design/methodology/approach - A stochastic model is considered presenting the influence of diffusion...

We herein examine the progress of financial innovations over the past 30 years, beginning with how they have influenced the financial system. We adopt a framework of classification that provides an overview of previous findings to examine the continuity of financial innovations. We find that the...

We examine the performance of the expected convexity path of a stock market index using a novel measure of a tangent linear approach. The expected path is expressed as a linear combination that shows whether the transmission from the present value t to the future one (t k)-th is a convex or a...

We present a comparative analysis of two empirical methods grounded on a common vector autoregressive framework. In this setting, we investigate the time-varying nature and direction of volatility spillovers between some major stock indexes spanning across Europe, China and US. We find evidence...