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Studies have shown that markets may underprice sub-national governments' risk on the implicit...

Better "financial soundness" of banks could help mitigate the volatility of financial cycles by...

The Belgium Financial Sector Assessment Program (FSAP) stress testing exercise examines a...

We use novel spatial econometrics techniques to explore spillovers in the sovereign bond market...

What is the case for adding the unconventional balance sheet policies used by major central banks...

This paper attempts to identify the indicators that can demonstrate the vulnerabilities in...