Outputs (2)

The quest for banking stability in the euro area: The role of government interventions (2015)
Journal Article
Kizys, R., Paltalidis, N., & Vergos, K. (2016). The quest for banking stability in the euro area: The role of government interventions. Journal of International Financial Markets, Institutions and Money, 40, 111-133. https://doi.org/10.1016/j.intfin.2015.09.001

We build upon a Markov-Switching Bayesian Vector Autoregression (MSBVAR) model to study how the credit default swaps market in the euro area becomes an important chain in the propagation of shocks through the entire financial system. The study sheds... Read More about The quest for banking stability in the euro area: The role of government interventions.

Transmission Channels of Systemic Risk and Contagion in the European Financial Network (2015)
Journal Article
Paltalidis, N., Gounopoulos, D., Kizys, R., & Koutelidakis, Y. (2015). Transmission Channels of Systemic Risk and Contagion in the European Financial Network. Journal of Banking and Finance, 61(1), S36-S52. https://doi.org/10.1016/j.jbankfin.2015.03.021

We investigate systemic risk and how financial contagion propagates within the euro area banking system by employing the Maximum Entropy method. The study captures multiple snapshots of a dynamic financial network and uses counterfactual simulations... Read More about Transmission Channels of Systemic Risk and Contagion in the European Financial Network.