The global financial crisis of 2008–2009 illustrates how financial turmoil in advanced
economies could trigger severe financial stress in emerging markets. Previous studies …

After the great financial crisis of 2007–2009, central banks were handed a macroprudential
mandate to contain systemic risks, a mandate seen as endangering their independence due …

This paper develops a Financial Stress Index (FSI) for 28 OECD countries and examines its
relationship to crises using a novel database for financial crises. A stress index measures …

This paper uses a supervised machine learning algorithm to extract relevant (soft)
information from annual reports and examines whether such information determines credit …

The early-warning system (EWS) is recognized in the literature as a method of detecting
crises prior to events and to reduce false alarms of possible crises. This study constructs an …

This paper examines which variables have predictive power for financial stress in 25 OECD
countries, using a recently constructed financial stress index (FSI). First, we employ …

This paper uses 39 monthly time series of the financial market observed from January 2000
to April 2017 to estimate a financial conditions index (FCI) for South Africa. The empirical …

We elucidate the tradeoffs between transparency and confidentiality in the context of
financial regulation. The structure of information in financial contexts creates incentives with …

Purpose–The purpose of this study is to construct a financial conditions index (FCI) for the
South African economy to enable the gauging of financial conditions and to better …

ВВЕДЕНИЕ Актуальность темы диссертационного исследования предопределена
спецификой функционирования современных предприятий, финансовая стабильность …