Category Archives: Finance & Insurance

Whether we view it as an instrument or driver of our economy, the financial system reflects the world’s state of health. Understanding how it works, its complexity but also its vulnerability and the risks it generates helps political decision-makers and key players in the system to anticipate better and plan for the future more effectively.

Contagion, capital and crashes: a new measure of systemic risk in Europe

How secure are Europe’s financial institutions? What are the chances of another crisis? Eric Jondeau and Michael Rockinger create a model for assessing the ability of European financial institutions, industry sectors, and countries, to withstand market shocks.

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