The recent financial crisis has highlighted the need to go beyond a purely micro approach to
financial regulation and supervision. As a consequence, the number of policy speeches …

In this article we provide a summary of empirical results obtained in several economics and
operations research papers that attempt to explain, predict, or suggest remedies for financial …

Using a large bank-level dataset, we test the relevance of both structural liquidity and capital
ratios, as defined in Basel III, on banks' probability of failure. To include all relevant episodes …

The paper develops an early-warning model for predicting vulnerabilities leading to distress
in European banks using both bank and country-level data. As outright bank failures have …

Historically, unusually strong increases in credit and asset prices have tended to precede
banking crises. Could the current crisis have been anticipated by exploiting this …

We investigate whether leading indicators can help explain the cross-country incidence of
the 2008–09 financial crisis. Rather than looking for indicators with specific relevance to the …

We develop a model of neural networks to study the bankruptcy of US banks, taking into
account the specific features of the recent financial crisis. We combine multilayer …

Over the last decade or so, addressing financial instability has become a policy priority.
Despite the efforts made, policymakers are still a long way from developing a satisfactory …

This paper discusses different definitions of systemic risk and identifies the challenges,
which regulators face in addressing this phenomenon. We conducted a systematic literature …

The paper develops a framework for assessing systemic risks and for predicting systemic
events, ie periods of extreme financial instability with potential real costs. It contributes to the …