A Macroeconomic Framework for Quantifying Systemic Risk

AMacroeconomic Framework for Quantifying Systemic Risk

Systemic risk arises when shocks lead to states where a disruption in financial intermediation adversely affects the economy and feeds back into further disrupting financial intermediation. We present a macroeconomic model with a financial intermediary sector subject to an equity capital constraint. The novel aspect of our analysis is that the model produces a stochastic steady state distributi...

A Framework for Exploring the Macroeconomic Determinants of Systematic Risk

We selectively survey, unify and extend the literature on realized volatility of financial asset returns. Rather than focusing exclusively on characterizing the properties of realized volatility, we progress by examining economically interesting functions of realized volatility, namely realized betas for equity portfolios, relating them both to their underlying realized variance and covariance ...

Why a New Framework for Macroeconomic Analysis

a framework for identifying and prioritizing factors affecting customers’ online shopping behavior in iran

the purpose of this study is identifying effective factors which make customers shop online in iran and investigating the importance of discovered factors in online customers’ decision. in the identifying phase, to discover the factors affecting online shopping behavior of customers in iran, the derived reference model summarizing antecedents of online shopping proposed by change et al. was us...

A Validated Framework for Gamified Electronic Teaching of English Language with a Systemic Approach to Instructional Design

One way of making learning English language interesting is through its gamified instruction, especially nowadays that most teachings are done virtually. Doing so, however, requires a valid framework. To construct such a framework a set of 22 peer reviewed papers on language learning and gamified teaching, from among 94 of such papers, was content analyzed and key concepts, and frequently used e...