, and the moral hazard problem. Third, the systemic risk from the overall economic conditions was ubiquitous when market …This research studies why commercial banks in the USA failed in the recent financial crisis from the aspect of risk … loans. Second, risk of securitisation is rooted in the implicit recourse, backstop of liquidity, balance sheet overexpansion …

Research examining natural disaster costs on social and economic systems is substantial. However, there are few … empirical studies that seek to quantify the uncertainty and establish confidence intervals surrounding natural disaster cost … estimates (ex-post). To better frame the data limitations associated with natural disaster loss estimates, a range of losses can …