As the total value of the global financial market outgrew the value of the real economy,
financial institutions created a global web of interactions that embodies systemic risks …

We analyze the effects on financial stability of the interplay between climate transition risk
and market conditions, such as recovery rate and asset price volatility. To this end, we …

Although there has not been a large-scale systemic crisis in China, high-risk financial events
have occurred continuously in recent years. This research thus creatively analyzes the …

This paper discusses different definitions of systemic risk and identifies the challenges,
which regulators face in addressing this phenomenon. We conducted a systematic literature …

This paper investigates the extreme risk spillovers among US traditional financial and
FinTech institutions by applying complex network analysis methods. Dynamic extreme risk …

We propose two indicators for quantifying the potential exposure of financial institutions to
indirect contagion arising from deleveraging of assets in stress scenarios. The first indicator …

While operating side-by-side with conventional banks, in a dual-banking system, the
systemic risk profile of Islamic banks can be different due to their unique business model …

The 2007–2008 global financial crisis has been associated with a high level of connectivity
in the global financial system. The crisis, and the following events of the past decade, have …

This paper proposes a multilayer bank network structure based on three channels: interbank
lending, cross-shareholding and holding common assets. By investigating the dynamics of …

In this paper, we study systemic risk propagation by exploring the dynamic mechanism of
financial contagion among Eurozone countries. Using a multilayer information spillover …