Does higher policy uncertainty lead to higher financial risk for sure? This study shows an opposite evidence. Based on … the sample of 16 listed banks from 2011 to 2020 in China, we find that economic policy uncertainty has a significantly … large negative impact on the bank systemic risk, and the effect is more pronounced for small and unprofitable banks. Further …

The central problem for financial regulation is reducing systemic risk. Systemic risk is the risk that the failure of … paper addresses the five most important policies for dealing with systemic risk: the imposition of capital requirements, the … related limitations on bank size would not reduce systemic risk …

system. The method also allows for what-if analyses to optimize the risk exposures, and to plan an emergency strategy in case …

conditional VaR (CoVaR) for the financial institutions and verify the interdependence between the systemic risk and oil, both on a …This paper examines the relationship between systemic risk measures across 546 financial institutions in major … causality-based networks, augmented with oil exposures. We observe the presence of elevated increases in the CoVaR levels …

This paper examines the driving effect of economic policy uncertainty on bank systemic risk with a distinction between … systemic linkage and bank tail risk. Using bank-level data of 25 economies during the period 2010-2020, we find consistent and … robust evidence that policy uncertainty is negatively associated with bank tail risk but positively related to systemic …

stressed expected loss (SEL). We simulate a market downturn as a negative shock on interest rate and credit market risk factors …

between these two approaches has enriched our understanding of systemic financial risk. After presenting a brief summary of … key terminology, we review models for leverage and endogenous risk dynamics. We then review the network aspects of … systemic risk, including models for the three main channels of contagion: counterparty loss, overlapping portfolios and funding …

Systemic risk is a fundamental constituent of contemporary financial systems. For the past decades a growing number of … external or internal impulses. This requires a paradigm shift in thinking about systemic risk. A component-oriented perspective … should be nowadays replaced with a network-oriented view. Closer insight into the concept of systemic risk can refer to the …

We examine systemic risk in the Chinese banking system by estimating the conditional value at risk (CoVaR), the … China. Although these measures show different patterns, our results suggest that systemic risk in the Chinese banking system … that Chinese banks are at greater risk according to the CoVaR, the SII and the VI approaches, but have the lowest MES …