...Brahim Gaies; Najeh Chaâbane; Jean-Michel Sahut Purpose This study examines how cyber risk propagates through the financial system and contributes to systemic financial instability. It further explores the role of market sentiment, particularly fear triggered by cyber incidents, as a key channel...

...Savvas Zachariadis Purpose In this paper, financial growth is observed in the context of Minsky’s theory. Based on literature review, it is possible that large financial depth could eventually entail financial instability. The size of the financial enlargement with potential threats of instability...

... for financial instability across the financial systems of the US, EU, and the ASEAN+3 countries (comprising the Association of Southeast Asian Nations plus China, Japan, and South Korea), from January 2003 to August 2022, on a monthly basis. Design/methodology/approach In this study, we use the VAR-based...