The worst two financial crises in human history were in some ways attributable to the US
Federal Reserve's misguided monetary policies. Many economists share the view that the …

In the post-WWII (since the 1950s), there have been over 400 banking, currency, and
sovereign debt crises, which translates to about 10 crises per annum; furthermore, the …

The propagation of financial crises has made Basel III and stress testing a central focus
across ASEAN-5. The primary objective of the thesis was twofold; to assess the cost impact …

Increasing financial and political turmoil in the 1970s and 1980s coupled with oil shock
prompted Governors of the G-10 countries to engage in cooperation and financial …

In this paper, we model systemic risk by making use of the conditional quantile regression to
identify the most systemically important and vulnerable banks in South Africa (SA). We …

Mutual funds grant retail investors access to professional asset management and facilitate
exposure to financial markets. The academic literature and regulators have traditionally …

Purpose This paper aims to introduce a model-based stress-testing methodology for Islamic
finance products. The importance of stress testing was indeed clearly underlined by the …

This paper examines the impact of foreign exchange rate risk on the expected return of a
South African based investor's portfolio. We use the GARCH based Value at Risk (VaR) to …

Günümüz finansal sisteminin geldiği noktada, kurumların risklere karşı duyarlılığı artmıştır.
Karmaşıklaşan ve aktörlerin birbirlerine olan bağlılığının arttığı piyasalarda geçmiş …

Світова фінансова криза, негативні наслідки якої досі долаються банківською системою
України, посилила зацікавленість органів державного регулювання та фінансових …