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1
Essays on the measurement of leverage and risk of banking institutions
Published 2015“…We discuss the challenges in managing and measuring endogenous and systemic risk. Considering the strong evidence that book values of leverage are key state variables, we suggest new methods to manage and measure systemic risk. …”
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Thesis -
2
Bank resolution mechanisms revisited: towards a new era of restructuring
Published 2023“…We then explore whether those interventions work effectively in facilitating bank recovery and whether they reduce systemic risk in the long run. We use a unique granular bank-level dataset from 22 advanced economies covering the 1992–2017 period. …”
Journal article -
3
Legislating instability: Adam Smith, free banking, and the financial crisis of 1722
Published 2016“…I argue that while these results did not cause the severe financial crisis of 1772, they amplified the level of systemic risk in Scottish credit markets and increased the likelihood that portfolio losses in the event of an adverse economic shock would be transmitted to depositors and noteholders through disorderly bank runs, suspensions of payment, and institutional liquidation. …”
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4
Contagious McKean–Vlasov systems with resets: integrate-and-fire neuron models with common noise
Published 2024“…These equations are employed in modelling systemic risk in large interconnected financial networks and serve as a simplification of the integrate-and-fire neuron model due to the absence of resets and their simplified feedback mechanism. …”
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5
Low carbon economic dispatch of integrated energy systems considering life cycle assessment and risk cost
Published 2023“…Subsequently, the calculated carbon emission coefficients are introduced into the ladder-type carbon trading mechanism to further constrain the carbon emissions of IES. Specifically, the system risk is controlled using the conditional value-at-risk (CVaR) theory to obtain the day-ahead dispatch strategy. …”
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Journal Article -
6
Magrolimab in combination with azacitidine in patients with higher-risk myelodysplastic syndromes: final results of a phase Ib study
Published 2023“…Revised International Prognostic Scoring System risk was intermediate/high/very high in 27%, 52%, and 21%, respectively. …”
Journal article