The motivation for this research was the need for scientific elaboration on the issues of
managing the flexibility of the financial system to ensure its sustainable development. The …

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

This paper analyzes whether the effect of macroprudential policies on bank risk is
channeled through investors' protection using panel data from a sample of 624 banks from …

This study investigates the impact of COVID-19 on the non-performing loans (NPLs) in
Europe, distinguishing by European subregion, country-level prosperity, NPL type, and NPL …

Using an original bank-level dataset, we test the impact and the spillover effect of non-
performing loans (NPLs) securitization announcements on the Credit Default Swap (CDS) …

The study investigates the role of macroeconomic and market indicators on Türkiye's
sovereign CDS spreads, which represent the riskiness and vulnerability in terms of credit …

This paper examines the role of bank-firm relationships in transmitting credit supply shocks
to the real side of the economy in an emerging market. Using a hand-collected dataset for …

This study investigates cost stickiness in the Italian banking system, with a specific focus on
Less Significant (LS) banks, including Mutual Banks (MBs), during the period 2006-2019 …

In this paper, we study the cost asymmetry in the Italian banking system. The analysis is
conducted on a sample of Italian Less Significant Banks (including Mutual banks) during …