The recent financial crisis has highlighted the need to go beyond a purely micro approach to
financial regulation and supervision. As a consequence, the number of policy speeches …

Gain insight into the unique risk management challenges within the Islamic banking system
Risk Management for Islamic Banks: Recent Developments from Asia and the Middle East …

This paper analyzes ΔCoVaR proposed by Adrian and Brunnermeier (2011) as a tool for
identifying/ranking systemically important institutions. We develop a test of significance of …

Understand the theories and interpret the actions of modern central banks Central Banking
takes a comprehensive look at the topic of central banking, and provides readers with an …

The recent financial crisis has focused the attention of scholars and policymakers on how to
improve financial stability through better macro‐prudential regulation and supervision. In this …

Systemic risk refers to the uncertainty that arises due to the breakdown of a financial system.
The concept of “too connected to fail” suggests that network connectedness plays an …

The paper investigates the contagion effects and systemic risk in China's commercial banks
system based on the balance sheet data. First, we quantify contagiousness and vulnerability …

While the COVID-19 pandemic has exposed the vulnerabilities of “just-in-time” international
supply chains and is set to further accelerate their reconfigurations, very little is known about …

This paper assesses the impact of a certain structure of interbank exposures on the stability
of a stylized financial system. Given a certain balance sheet structure of financial institutions …

A systemically important firm could be too-connected-to-fail and/or too-important-to-fail, two
properties which centrality measures and community detection methods can capture …