Tallinna Tehnikaülikoolis on erialane kompetents ja professionaalsed õppejõud – tagamaks koolituse kõrget taset, viivad kursuseid läbi oma ala spetsialistid nii TTÜst kui ka mujalt
Teadusseminar „Systemic Risk in the Scandinavian Banking Sector”
- Aeg:22.10.19
- Koht: SOC-417
Teisipäeval, 22. oktoobril kell 16-17 toimub ruumis SOC-417 majandusanalüüsi ja rahanduse instituudi teadusseminar: Systemic Risk in the Scandinavian Banking Sector.
Ettekande teeb Gazi Salah Uddin (Linköping University)
Kokkuvõte inglise keeles:
Abstract: The banking sectors in the Scandinavian countries are concentrated and suffered through a banking crises in the 1990’s followed by international shocks in combination with undercapitalization. This paper analyses the systemic risk in Denmark, Norway and Sweden focusing on the risk transmission from individual banks to the whole sector by using, partly in a new way, conditional cross-quantilograms. We find that the cross-quantilograms are positive and statistically significant in the low and high quantiles, indicating that the Scandinavian banks are systemically linked and show a tendency to boom and crush along with the market. These results hold even after controlling for equity market volatility and economic policy uncertainty. We further observe that the systemic risk was insignificant from the early-2000 to the outbreak of the global financial crisis (GFC). After the GFC and the euro zone crises it has increased substantially. Finally, we find that bank size has a positive relationship with systemic risk while return on asset and loan to deposit ratio exhibits a negative influence. Further, these relationships are asymmetric across quantiles.
Majandusanalüüsi ja rahanduse instituudi teadusseminarid toimuvad tavaliselt kuu teisel ja neljandal kolmapäeval. Seminarid on kõikidele huvitatud osalejatele avatud ning nende eesmärgiks on ettekannete arutelu ja teaduskoostöö edendamine. Ettekanne kestab u 45 minutit, millele järgneb veerand tundi arutelu. Seminar toimub tavaliselt inglise keeles. Ettekande aluseks olev artikkel on kättesaadav seminaril kohapeal. Küsimuste korral võib pöörduda seminaride korraldaja prof. Karsten Staehr’i poole,karsten dot staehr at ttu dot ee.
