scholarly journals A Regulation Model for the Solvency of Banking System: Based on the Pinning Control Theory of Complex Network

2017 ◽  
Vol 2017 ◽  
pp. 1-13 ◽  
Author(s):  
Xiang Gao ◽  
Ming Zhou ◽  
Hongbing Ouyang
Keyword(s):  
Financial Crisis ◽  
Control Theory ◽  
Complex Network ◽  
Stress Test ◽  
Banking System ◽  
Pinning Control ◽  
Regulation System ◽  
Proposed Model ◽  
Regulation Model ◽  
Government Bailouts

A dynamic model is proposed based on the pinning control theory of complex network in order to simulate government bailouts against financial crisis and then is applied to a stress test of China’s interbank borrowing and lending network from 2007 to 2014. The proposed model takes many cases into account, so it is able to simulate bailout effects with different parameters, capture temporal and individual differences of banks’ spillovers effects, and reflect their sensitivity to government bailouts indirectly. This paper offers an innovative model to identify the systemic-important banks in financial crisis and construct a macroprudential regulation system based on network theory.

scholarly journals From One Stress Test to Another: Lessons for Healthcare Reform from the Financial Sector

2020 ◽  
Vol 11 (4) ◽  
pp. 800-807
Author(s):  
Shirley KEMPENEER
Keyword(s):  
Financial Crisis ◽  
Risk Sharing ◽  
Financial Regulation ◽  
Stress Test ◽  
Banking System ◽  
Healthcare Regulation ◽  
European Healthcare ◽  
European Banking ◽  
European Health ◽  
Europe Today

The financial crisis in 2008 and the COVID-19 pandemic today have made it clear that both financial and medical crises spread pervasively across borders. The financial crisis proved that the health of the entire European banking system stands and falls with the health of a single systemically important bank. As such, in the past decade, European Union (EU)-wide cooperation and regulation have been strengthened to ensure financial health across Europe. Today, the COVID-19 crisis reveals the de facto existence of a European healthcare system, where Member States’ medical health is interlinked and challenged. It too highlights the need for a more coordinated approach. This paper will draw lessons from European financial regulation and stress testing to make recommendations for EU-wide healthcare. The paper will show the latent benefits that a stress test might have on healthcare performance through mechanisms of governmentality. Moreover, it will pinpoint shortcomings in the financial stress test that could pose looming dangers for a European Health Union, such as a lack of de facto risk sharing. The paper concludes with pragmatic suggestions for a way forward in European healthcare regulation.

scholarly journals COVID-19 as a Stress Test: Assessing the Bank Regulatory Framework

2021 ◽  
Vol 2021 (024) ◽  
pp. 1-47
Author(s):  
Alice Abboud ◽  
◽  
Elizabeth Duncan ◽  
Akos Horvath ◽  
Diana Iercosan ◽  
...  
Keyword(s):  
Financial Crisis ◽  
Global Financial Crisis ◽  
Stress Test ◽  
Banking System ◽  
Capital Requirements ◽  
Economic Damage ◽  
Trading Activity ◽  
Regulatory Approach ◽  
Potential Improvement ◽  
The Global Financial Crisis

The widespread economic damage caused by the ongoing COVID-19 pandemic poses the first major test of the bank regulatory reforms put in place following the global financial crisis. This study assesses this framework, with an emphasis on capital and liquidity requirements. Leading up to the COVID-19 crisis, banks were well-capitalized and held ample liquid assets, reflecting in part heightened requirements. Capital requirements were comparable across major jurisdictions, despite differences in the implementation of the international Basel standards. The overall robust capital and liquidity levels resulted in a resilient banking system, which maintained lending through the early stages of the pandemic. Furthermore, trading activity was a source of strength for banks, reflecting in part a prudent regulatory approach. Areas for potential improvement include addressing the cyclicality of requirements.

Stress-testing Russian Banking System: Will Banks Need Government Assistance Again?

2010 ◽  
pp. 61-81 ◽  
Author(s):  
O. Solntsev ◽  
A. Pestova ◽  
M. Mamonov
Keyword(s):  
Stress Testing ◽  
Banking Sector ◽  
Stress Test ◽  
Banking System ◽  
Government Assistance ◽  
Methodological Issues ◽  
Loan Portfolio ◽  
Macroeconomic Indicators ◽  
Remote Stress ◽  
Capital Injections

The article analyzes factors that affect growth of the share of non-performing loans in the loan portfolio of Russian banks and proposes approaches for this share forecasting on the basis of dynamics of macroeconomic indicators. It also deals with methodological issues of remote stress-test of lending agencies. Using the results of conducted stress-test of Russian banks the authors assess their perspective capital needs in 2010 and estimate the share of government assistance in capital injections. Furthermore, the authors define the scale of vulnerable banks groups in the Russian banking sector.

Real-time SOC Estimation of the EKF and UKF Algorithms Under Different Working Conditions

2021 ◽  
pp. 1-29
Author(s):  
Xiongbin Peng ◽  
Yuwu Li ◽  
Wei Yang ◽  
Akhil Garg
Keyword(s):  
Kalman Filter ◽  
Working Conditions ◽  
Unscented Kalman Filter ◽  
Stress Test ◽  
Estimation Method ◽  
Influential Factor ◽  
Recursive Least Squares ◽  
Maximum Deviation ◽  
Soc Estimation ◽  
Proposed Model

Abstract In the battery thermal management system (BMS), the state of charge (SOC) is a very influential factor, which can prevent overcharge and over-discharge of the lithium-ion battery (LIB). This paper proposed a battery modeling and online battery parameter identification method based on the Thevenin equivalent circuit model (ECM) and recursive least squares (RLS) algorithm. The proposed model proved to have high accuracy. The error between the ECM terminal voltage value and the actual value basically fluctuates between ±0.1V. The extended Kalman filter (EKF) algorithm and the unscented Kalman filter (UKF) algorithm were applied to estimate the SOC of the battery based on the proposed model. The SOC experimental results obtained under dynamic stress test (DST), federal urban driving schedule (FUDS), and US06 cycle conditions were analyzed. The maximum deviation of the SOC based on EKF was 1.4112%~2.5988%, and the maximum deviation of the SOC based on UKF was 0.3172%~0.3388%. The SOC estimation method based on UKF and RLS provides a smaller deviation and better adaptability in different working conditions, which makes it more implementable in a real-world automobile application.

scholarly journals Empty talk? University voices on the Global Financial Crisis

2010 ◽  
Vol 6 (4) ◽  
Author(s):  
Todd Bridgman
Keyword(s):  
Financial Crisis ◽  
News Media ◽  
Global Financial Crisis ◽  
Housing Prices ◽  
Banking System ◽  
Policy Makers ◽  
The Us ◽  
Complex Events ◽  
The Global Financial Crisis ◽  
Company Sector

The global financial crisis (GFC) which began in 2007 with a liquidity squeeze in the US banking system and which continues to play out today has affected us all, whether through the collapse of the finance company sector, rising unemployment, falling housing prices or the recession which followed the initial market crash. The speed and scope of the crisis surprised most experts – policy makers included. Specialists from a myriad of disciplines, from economics and finance to risk management, corporate governance and property, are trying to make sense of what happened, why it happened and what it means for us now and into the future. Members of the public rely on the news media to keep them informed of the crisis as it unfolds and they rely on experts to translate these complex events into a language which they can understand. The GFC is educating us all, and it is important that we all learn from it to avoid making the same mistakes again. 

scholarly journals Deposit flows and structure in Serbia

Bankarstvo ◽  
2020 ◽  
Vol 49 (4) ◽  
pp. 68-87
Author(s):  
Milena Lazić ◽  
Ksenija Zorčić
Keyword(s):  
Financial Crisis ◽  
Global Financial Crisis ◽  
Banking System ◽  
Financial System ◽  
Banking Regulation ◽  
The Stability ◽  
The Global Financial Crisis ◽  
Deposit Guarantee Schemes

Having drawn attention to the existing banking regulation issues, the Global Financial Crisis also raised awareness of the importance of depositors' confidence for the stability of the financial system, and brought the role and significance of the deposit guarantee schemes to the fore. Serbian economy started experiencing its effects in Q4 2008, in parallel with the global spreading of the crisis. This paper focuses on the fluctuations in deposit levels and structure in the Serbian banking system, between 2008 and 2019. It also aims to underscore the importance and development perspectives of the Serbian deposit guarantee scheme.

scholarly journals FINANCIAL CRISIS AND LOCAL BANKS: A REVIEW OF BANK-FIRM RELATIONSHIPS IN ITALY

2017 ◽  
Vol 14 (3) ◽  
pp. 249-258 ◽  
Author(s):  
Andrea Quintiliani
Keyword(s):  
Financial Crisis ◽  
Empirical Analysis ◽  
Research Question ◽  
Banking System ◽  
Relationship Lending ◽  
Critical Elements ◽  
Risk Return ◽  
The Impact ◽  
The Relationship ◽  
The Empirical Analysis

This paper focuses on bank-firm relationship in an economic deeply changing environment. The objectives of the paper are two-fold: to understand, compared to the overall banking system, if the lending activities and economic-financial performances of Italian local banks have changed after the outbreak of the financial crisis; and to understand what are the conditions that allow to develop a model of a local bank capable of supporting the development routes of SMEs, by an appropriate risk/return profile. In order to answer the first research question, the paper presented an empirical analysis, covering the period 2007-2011, of Italian Cooperative Credit Banks (a particular category of local banks) compared with the system of bank groups with operability spread over much of the Italian territory and not. The empirical comparative analysis has the aim to see the effects of the crisis on the relationship bank-firm through the reading of the impact on the dynamics of lending and on the profiles of structure, riskiness, profitability and efficiency of the banks under examination. In order to provide an answer to the second research question, the paper provides some insight of evolutionary nature reflection in the bank-firm relationship. In accordance with the doctrinal postulates of the relationship lending the empirical analysis shows how the financial then real crisis has not induced Cooperative Credit Banks to restrict credit to local firms. The survey evidences have however highlighted some critical elements that are reflected inevitably on the local bank’s risk-return profile. Based only on quantitative data of statement, the empirical analysis represents a limit in this kind of research. This paper is useful to stimulate the debate of experts as well as to focus on the studies of local banks in particular in the light of their anti-cyclic role. Even if abounding in subjects about local banks and relationship lending literature faces only marginally the effects of global crisis on business profiles of local banks.

Sign in / Sign up

Export Citation Format

Share Document