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widen further due to the increasing risk posed by climate change. Europe is the fastest-warming continent in the world and … increasing climate risk is likely to have implications for both the supply of and demand for insurance if no relevant measures … unpredictability of these events, which may prompt insurers to stop offering catastrophe insurance in high-risk areas. At the same time …
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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 …
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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. …
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disaster risk shocks, investment funds shed periphery but do not adjust core sovereign debt holdings. The periphery debt shed …
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We provide a versatile nowcasting toolbox that supports three model classes (dynamic factor models, large Bayesian VAR, bridge equations) and offers methods to manage data selection and adjust for Covid-19 observations. The toolbox aims at simplifying two key tasks: creating new nowcasting...
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