Financial crises explanations, types, and implications
MS Claessens, MA Kose - 2013 - books.google.com
This paper reviews the literature on financial crises focusing on three specific aspects. First,
what are the main factors explaining financial crises? Since many theories on the sources of …
what are the main factors explaining financial crises? Since many theories on the sources of …
An overview of macroprudential policy tools
S Claessens - Annual Review of Financial Economics, 2015 - annualreviews.org
Macroprudential policies—caps on loan to value ratios, limits on credit growth and other
balance-sheet restrictions,(countercyclical) capital and reserve requirements and …
balance-sheet restrictions,(countercyclical) capital and reserve requirements and …
Where the risks lie: A survey on systemic risk
We review the extensive literature on systemic risk and connect it to the current regulatory
debate. While we take stock of the achievements of this rapidly growing field, we identify a …
debate. While we take stock of the achievements of this rapidly growing field, we identify a …
[BOOK][B] The regulatory responses to the global financial crisis: Some uncomfortable questions
MS Claessens, MLE Kodres - 2014 - books.google.com
We identify current challenges for creating stable, yet efficient financial systems using
lessons from recent and past crises. Reforms need to start from three tenets: adopting a …
lessons from recent and past crises. Reforms need to start from three tenets: adopting a …
Push factors and capital flows to emerging markets: why knowing your lender matters more than fundamentals
Countries' gross capital inflows are not equally affected by changes in global conditions.
Analyzing 21 advanced countries (ACs) and 33 emerging markets (EMs) between 2001 and …
Analyzing 21 advanced countries (ACs) and 33 emerging markets (EMs) between 2001 and …
A network analysis of global banking: 1978–2010
We analyze the global banking network using data on cross-border banking flows for 184
countries during 1978–2010. We find that the density of the global banking network defined …
countries during 1978–2010. We find that the density of the global banking network defined …
An empirical study of the Mexican banking system's network and its implications for systemic risk
With the aim to measure and monitor systemic risk, we present some topological metrics for
the interbank exposures and the payments system networks. The evolution of such networks …
the interbank exposures and the payments system networks. The evolution of such networks …
[BOOK][B] Credit risk analytics: Measurement techniques, applications, and examples in SAS
The long-awaited, comprehensive guide to practical credit risk modeling Credit Risk
Analytics provides a targeted training guide for risk managers looking to efficiently build or …
Analytics provides a targeted training guide for risk managers looking to efficiently build or …
Assessing the contribution of banks, insurance and other financial services to systemic risk
O Bernal, JY Gnabo, G Guilmin - Journal of Banking & finance, 2014 - Elsevier
The aim of this paper is to contribute to the debate on systemic risk by assessing the extent
to which distress within the main different financial sectors, namely, the banking, insurance …
to which distress within the main different financial sectors, namely, the banking, insurance …
A theoretical and empirical comparison of systemic risk measures
We derive several popular systemic risk measures in a common framework and show that
they can be expressed as transformations of market risk measures (eg, beta). We also derive …
they can be expressed as transformations of market risk measures (eg, beta). We also derive …