This paper estimates and compares two groups of high-frequency market-based systemic
risk measures using European and US interbank rates, stock prices and credit derivatives …

This paper addresses the impact of corruption on banks' risk-taking behavior, using bank-
level data from more than 1200 banks in 35 emerging economies during the period 2000 …

This paper develops a comprehensive new framework to measure and analyze sovereign
risk. Contingent claims analysis is used to construct a marked-to-market balance sheet for …

We empirically examine the connectedness between the oil market and the major precious
metals (gold, silver platinum, palladium) and the base metal copper over the available …

We analyze the determinants of the contribution of international banks to both global and
local systemic risk during prominent financial crises. We find no empirical evidence …

The literature on modeling defaults in individual financial institutions has grown dramatically;
however, links between individual institution defaults and system-wide crises are not well …

This paper examines banking sector development in Nigeria from the Structural Adjustment
era of the mid-1980s and the current reforms taking place in the financial service industry in …

This article explores empirically the assertion that Islamic Banks have higher credit risk than
Conventional Banks. A definition, identification and the way to manage credit risk are given …

Increasing financial and political turmoil in the 1970s and 1980s coupled with oil shock
prompted Governors of the G-10 countries to engage in cooperation and financial …

In contrast to corporate defaults, regulators typically take a number of statutory actions to
avoid the large fiscal costs associated with bank defaults. The distance-to-default, a widely …