The prudential regulation of banks in New Zealand relies largely on the public disclosure of relevant risk information …. The risk return relationship in retail banks is empirically tested to assess the effectiveness of the disclosure regime in … moderating excessive risk taking by banks. A significant relationship is found between bank deposit rate risk premiums and …

minimum requirements for risk management (European Commission DIRECTIVE 2006/48/EC; in Germany, translated into the MaRisk …

We study solvency contagion risk in the UK banking system from 2008 to 2015. We develop a model that only accounts for …

This paper addresses the trade-off between additional loss-absorbing capacity and potentially higher bank risk … increase their risk-taking. This increase in risk-taking however, should be more than outweighed by the benefits of higher …

The financial crisis exposed enormous failures of risk management by financial institutions and of the authorities … assess where the balance has been struck between the robustness and the risk sensitivity of the capital framework. This paper … fundamental tradeoffs that may exist between robustness, complexity, and risk sensitivity. We review the history of risk …

building a dynamic stochastic general equilibrium model linked to global climate and a catastrophe risk model specifically for … drawing strong conclusions about the relevance of climate risk, as the model focused only on typhoons’ physical capital …

This paper addresses the trade-off between additional loss-absorbing capacity and potentially higher bank risk … increase their risk-taking. This increase in risk-taking however, should be more than outweighed by the benefits of higher …

We examine the impact of the U.S. withdrawal from the Paris Agreement on the relationship between climate risk and … systemic risk of U.S. global banks. We find that after 2017, investors stopped pricing climate risk into U.S. systemic risk … directly, consistent with domestic investors expecting climate risk deregulation. However, climate risk still indirectly …

buffers leading to an increase in risk premia, from a heightened price of risk. Theoretically, I develop a model that predicts … that as buffers are announced 1) The price of risk increases, 2) Systemic risk falls, and 3) Intermediaries' risky asset … allocation decreases, as other agents with higher risk aversion increase their portfolio weights in the risky asset. Empirically …

In this paper we study systemic risk for North America and Europe. We show that banks' exposures to common risk factors … are crucial for systemic risk. We come to this conclusion by first showing that relations between North American and … financial crisis than North American ones. Regarding the consequences of systemic risk, we show that dependence between the …