We adopt a systemic risk indicator measured by the price of insurance against systemic
financial distress and assess individual banks' marginal contributions to the systemic risk …

European banks became a source of risk to global financial markets during the financial
crisis and attention to the European banking sector increased during the sovereign debt …

This paper measures the systemic risk of a banking sector as a hypothetical distress
insurance premium, identifies various sources of financial instability, and allocates systemic …

In The Social Life of Financial Derivatives Edward LiPuma theorizes the profound social
dimensions of derivatives markets and the processes, rituals, and belief systems that drive …

The global financial crisis clearly started with problems in the US sub-prime sector and
spread across the world from there. But was the direct exposure of foreigners to the US …

Our study attempts to discover contagion amongst the Asia-Pacific equity markets (Japan,
Hong Kong and Australia) during twelve major crises around the world. We apply both …

Episodes of extraordinary turbulence in global financial markets are examined during nine
crises ranging from the Asian crisis in 1997–98 to the recent European debt crisis of 2010 …

This paper examines how the international financial crisis impacted Asia and the Pacific and
discusses the implications of the crisis for central banks in the region. The paper consists of …

The episodic wave of crises experienced across the global financial markets over the past
two decades has raised questions surrounding the vulnerability of transitioning emerging …

The sub prime mortgages crises took place in July, 2007 in US which causes the large scare
in the global financial markets, and the international stock and foreign market suffer heavy …