New Study published in Journal of Financial Stability

 

We are pleased to announce that the single-paper by Michael Mies "Bank Opacity, systemic risk and financial stability" has been published in the Journal of Financial Stability. The paper deals with the impact of bank opacity on global financial stability, measured as Marginal Expected Shortfall and Delta Conditional Value at Risk, as well as the impact of accounting standards (esp. IFRS 7) and macroprudential banking regulation.

 

The Journal of Financial Stability provides an international forum for rigorous theoretical and empirical macro and micro economic and financial analysis of the causes, management, resolution and preventions of financial crises, including banking, securities market, payments and currency crises. The primary focus is on applied research that would be useful in affecting public policy with respect to financial stability. 

The paper can be accessed for free via the following link for the next 50 days.

https://authors.elsevier.com/a/1iL4m5bW6orIaM