After the great financial crisis of 2007–2009, central banks were handed a macroprudential
mandate to contain systemic risks, a mandate seen as endangering their independence due …

We consider the effectiveness of unit root exuberance tests in predicting banking crises.
Using a sample of 15 EU countries over the past three decades, our crisis dating follows the …

We investigate the driving forces behind the quarterly stock price volatility of firms in the US
financial sector over the period from 1990 to 2017. The driving forces represent a set of 28 …

This study proposes using the Least Absolute Shrinkage and Selection Operator (LASSO)
method with cross‐validation to automate the variable selection process of the conventional …

Macro-prudential thinking and its emphasis on endogenously created systemic risks,
marginal in the banking regulation discourse until the mid-2000s, has become central post …