reallocation by banks in response to regulatory reform. Simulations highlight a tension between concentration and credit risk in … opportunity set to include an area-wide low-risk asset. By reinvesting into such an asset, banks would reduce both their … concentration and credit risk exposure. …

Euro area governments have committed to break the doom loop between bank risk and sovereign risk. But policymakers have …. Simulations highlight a tension in regulatory design between concentration and credit risk. An area-wide low-risk asset - created … risk. …

This paper examines whether the systemic risk of financial institutions is associated with the risk-taking incentives … generated by executive compensation. We measure managerial risk-taking incentives with the sensitivities of chief executive … stock return volatility (pay-risk sensitivity). Using data on large U.S. financial institutions over the period 2005 …

risk and to detect macrofinancial problems has become a central concern. In the United States, this concern has been … Crises ; Macroprudential Risk ; Debt-Deflation Process ; Ponzi Finance …

process efficiency, and counterparty and credit risk management. Larger social benefits, including the monitoring of systemic … financial risk, are achievable if it becomes the accepted universal standard for legal entity identification. Our interviews …

We analyze link between mortgage-related regulatory penalties levied on banks and the level of systemic risk in the U ….S. banking industry. We employ a frequency decomposition of volatility spillovers (connectedness) to assess system-wide risk … the public, long-term systemic risk among banks tends to increase. From the dynamic perspective, bank penalties represent …

contribution to systemic risk over and above the effect of variables related to size, interconnectedness, substitutability, and … measures of the banks' contribution to systemic risk and find that the new measure proposed in this study, Net Shapley Value … the banks contributions to systemic risk whereas holdings of interest rate derivatives decrease it. Nevertheless, the …