4207 The system of non-bank financial intermediaries (NBFI; i.e., shadow banks) has grown rapidly in recent decades up … involved in the shadow banking system and their development. Further, the scenario of a modern-type bank run within the MMF …

We examine how climate change affects bank fragility. We find both physical and transitional climate changes lead to … portfolio synchronicity, and higher bank default probability. Our results are robust to using an instrumental variable approach …

This paper examines the driving effect of economic policy uncertainty on bank systemic risk with a distinction between … systemic linkage and bank tail risk. Using bank-level data of 25 economies during the period 2010-2020, we find consistent and … robust evidence that policy uncertainty is negatively associated with bank tail risk but positively related to systemic …