Giving stress tests a macroprudential perspective requires (i) incorporating general
equilibrium dimensions, so that the outcome of the test depends not only on the size of the …

This paper seeks to explore nexus between the volatility in the Kenyan interbank market and
Treasury bill market in the event of market distress arising from collapses of a lender. Three …

This research thesis delves into the ramifications of the Signature Bank depositor run on the
US banking sector, represented by a sample of 43 US-based banks, containing both …

This paper seeks to explore the Kenyan interbank market characteristics at a time of liquidity
stress and how it relates to the intervention by the Central Bank of Kenya (CBK) through the …

This paper seeks to explore the Kenyan interbank market characteristics at a time of liquidity
stress and how it relates to the intervention by the Central Bank of Kenya (CBK) through the …

This paper studies strategic savings and free-riding behaviours among ex-ante vulnerable
firms in a fixed debt network under linear and quadratic default punishment structures. We …

Contagion and systemic risk, though in existence for quite a while, has seen increasing
attention following the last Financial crises. In an attempt to contribute a little to the existing …

Turning stress tests into a useful tool for assessing system-wide risk requires the
following:(1) incorporating general equilibrium dimensions, so that the outcome of the test …