concerning the systemic risk, no standard methodologies have been set up to now. Even the new Basel 3 regulation has adopted a …In the field of risk management, scholars began to bring together the quantitative methodologies with the banking … pieces of the puzzle: defi nition of systemic risk, a set of coherent and useful measures, the computability of these …

bank risk-taking through executive pay design. "Regulation by pay" is less likely to ameliorate risk-taking because bank … managers' compensation packages would be adjusted to include bank debt thought to alter their risk preferences. This approach … the existing bank monitor regime. Instead, the case for regulating bank risk through pay redesign is best grounded in a …

. From both theoretical model and empirical analysis, we find that in analyzing the systemic risk posed by one financial …

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 …

Atlantic. We show that the regulation of bankers' pay is presently more detailed and less flexible in Europe than in the US …

submitted its report in 2013 and four of its members recorded dissenting notes. This paper examines the changes in regulation in …

previous research on the role of central banks as lenders of last resort in crises and on the real effects of bank lending and … regulation. In part, this is due to their neglect of important regulatory choices, which policy-makers are therefore left to take …

regulation did not take the "big picture" of the system suffciently into account and, subsequently, financial supervision mainly … "missed the forest for the trees". As a result, the need for macroprudential aspects of regulation emerged, which has recently … macroprudential regulation in creating stable, yet effcient financial systems. At the same time, I emphasize the importance of …

how to treat sovereign exposures in bank regulation. Our contribution is to model endogenous sovereign portfolio … 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 …

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. …