disaster risk shocks, investment funds shed periphery but do not adjust core sovereign debt holdings. The periphery debt shed …We document that compared to all other investor groups investment funds exhibit a distinctly procyclical behavior when … by investment funds is picked up by investors domiciled in the issuing country, namely banks in the short term and …

We build a balance sheet-based model to capture run risk, i.e., a reduced potential to raise capital from liquidity … critical in order for banking system regulators to adequately assess run risk and resilience. By bringing a time series of SVB … SVB prone to run risk, as they were increasingly relying on held-to- maturity, aka hidden-to-maturity, accounting …

The ability of institutions to effectively manage and aggregate risk-related data is an essential precondition for … sound decision-making and strong risk governance. This applies to any data used to steer and manage institutions, both … strategically and operationally, as well as data used for risk, financial and supervisory reporting. …