...Lawrence Mashimbye; Ashenafi Beyene Fanta Purpose The relationship between the size of financial institutions and systemic risk remains a subject of interest among regulators, and research on this subject has focused mostly on banks, while overlooking the shadow banking sector. This paper examines...

...Katerina Ivanov; Julia Jiang Purpose The purpose of this paper is to test empirically the impact of asset securitization and sale activities as well as the holdings of sub-prime related securitized products on the US bank holding companies’ (BHC) exposure to systemic risk. Design/methodology...

... and a fixed-effects panel data approach were used. Findings The results show that financial penalties increase banks’ systemic risk exposure but do not significantly affect banks’ contribution to systemic risk. Additionally, the link between financial penalties and systemic risk exposure is weaker...

...Essi Eerola Purpose The global financial crisis has led to increased attention on the relationship of household indebtedness and systemic risks. As a result, macroprudential measures aimed at reducing the risks have been introduced in many countries. The purpose of this paper is to review...

... Publishing Limited 2017 Emerald Publishing Limited Licensed re-use rights only Banking Contagion Risk management Operational risk Systemic risk Along with credit risk and market risk, operational risk – defined by the Basel Committee on Banking Supervision as “the risk of loss resulting...

...Sascha Strobl Purpose This study investigates the risk-taking behavior of financial institutions in the USA. Specifically, differences between taking risks that affect primarily the shareholders of the institution and risks contributing to the overall systemic risk of the financial sector...

...Dieter Gramlich; Mikhail V. Oet Purpose Lessons from the most recent financial crisis show specific vulnerabilities of financial markets due to weaknesses in the structure of the financial system (structural fragility). As the literature points out, the impact of systemic risk can be closely...