Over the past decade, large-scale multi-regional input-output (MRIO) tables have advanced the knowledge about pressing global issues. At the same time, the data reconciliation strategies required to construct such MRIOs have vastly increased in complexity: large-scale MRIOs are more detailed and...

Over the past decade, large-scale multi-regional input–output (MRIO) tables have advanced the knowledge about pressing global issues. At the same time, the data reconciliation strategies required to construct such MRIOs have vastly increased in complexity: large-scale MRIOs are more detailed...

The credit risk that an individual bank poses to the rest of the financial system depends on its size, the type of exposures it has to the real economy, and its obligations to other institutions. This paper describes a system-wide risk management approach to calibrating individual banks’...

With institutional investors increasingly involved in alternative investments, portfolio optimisation within a large universe of hedge funds has become a key area for research. This paper develops a portfolio construction model that is specifically designed for funds of hedge funds,...