The crypto market has experienced several serious crises in recent years, the most contemporary being the collapse of Terra and then FTX. Despite common belief that these could imply the end of the crypto era, our analysis highlights no significant increases and decreases in systemic risk and...

Using a sample of 166 banks from 8 European countries over the period 2001-2017, we investigate the moderating effects of societal patriarchy over bank income smoothing (IS), amid policy uncertainty (PU). Results indicate that banks operating in highly patriarchal societies curtail use of loan...

Investor aversion to extreme losses may motivate them to seek out investments perceived to function as a safe haven during times of crisis. In this study, we consider the potential for precious metals to mitigate downside risk when combined with equities, and evaluate the impact on portfolio...