06573nam a22005295i 4500001001800000003000900018005001700027007001500044008004100059020003700100024003500137050000900172072001600181072001700197072002300214072001500237072001600252245013600268250001800404264007900422300006700501336002600568337002600594338003600620347002400656505176200680520289002442650003805332650003405370650002005404650004005424650002805464650003405492650005005526650003105576700009005607700008605697710003405783773002605817776003605843776003605879776003605915856004605951912001405997912001506011999001706026978-3-031-54809-3DE-He21320251030112058.0cr nn 008mamaa240527s2024    sz |    s    |||| 0|eng d  a97830315480939978-3-031-54809-37 a10.1007/978-3-031-54809-32doi 4aHD61 7aKJM2bicssc 7aGPQD2bicssc 7aBUS0270202bisacsh 7aKJM2thema 7aGPQD2thema10aSystemic Financial Riskh[electronic resource] :bAn Emerging Market Perspective /cedited by Alexander Karminsky, Mikhail Stolbov.  a1st ed. 2024. 1aCham :bSpringer Nature Switzerland :bImprint: Palgrave Macmillan,c2024.  aXXIII, 334 p. 66 illus., 41 illus. in color.bonline resource.  atextbtxt2rdacontent  acomputerbc2rdamedia  aonline resourcebcr2rdacarrier  atext filebPDF2rda0 aPart I. New Trends in International Financial Development and Risk Assessment -- Chapter 1. Adapted Approaches to Measuring Financial Development Konstantin Krinichansky -- Chapter 2. Green Finance: Trends, Prospects and Risks Svetlana Pertseva , Anna Vityazeva -- Chapter 3. Dynamic BRICS Stock Market Linkages as a Channel of Systemic Risk Transmission: Evidence from the Asymmetric Connectedness Approach Onur Polat -- Chapter 4. Household Income and Financial Stability of the Russian Banking Sector Olga Miroshnichenko, Maria Vyshkovskaia, Valeriy Gamukin -- Chapter 5. The impact of ESG rating on companies' resilience to systemic risks Alexandra Egorova, Herman Petrov-Nerling -- Part II. Quantitative Methods and Models in Emerging Markets’ Risk Management -- Chapter 6. New Ways of Measuring Catastrophic Risk Vigen Minasyan -- Chapter 7. Measuring Market Liquidity and Liquidity Mismatches across Sectors Artur Akhmetov, Anna Burova, Natalia Makhankova, and Alexey Ponomarenko -- Chapter 8.The Impact of Macroeconomic Factors on Capital Adequacy of the Russian Banking Sector in the Context of Countercyclical Banking Regulation Olga Miroshnichenko, Maria Vyshkovskaia -- Chapter 9. Assessing the Probability of Default during the COVID-19 Pandemic: the case of airlines Elizaveta Markovskaya, Elena Smolina -- Part III. New Challenges in Systemic Risk Assessment and Regulation -- Chapter 10. Macroprudential Policy: Tools and Evaluation of the Effectiveness of Measures for Systemic Risks Management Ekaterina Seryakova -- Chapter 11. Financial Resolution of Banks in Distress: International Evidence Nataliya Kovaleva, Oksana Petrova -- Chapter 12. Digital Systemic Financial Risks in the Russian Banking Sector Sergey Dubinin -- Conclusion .  aThis book provides an analysis of various sources and forms of systemic financial risk. It focuses on the most pressing research questions for both advanced and emerging market economies, including green finance, ESG agenda and related risks, international financial connectivity across countries and financial institutions, and catastrophic risks modeling. Part 1 considers emerging research issues in risk assessment and management, including new approaches to measuring financial development, trends and prospects of green finance, and cross-country financial spillovers. Part 2 casts a more nuanced look at the quantitative models and methods adopted in risk assessment and risk management, putting such issues as measuring catastrophic risks, liquidity mismatches as well as modeling probabilities of default and the impact of macroeconomic fundamentals on capital adequacy ratios in the Russian banking sector in the spotlight. Finally, Part 3 discusses the new regulatory challenges dealing with risk assessment and risk management, such as macroprudential policies which have proved efficient to mitigate systemic risk are investigated. The book offers a comprehensive picture of the challenges which emerging market economies are facing in the field of financial risk assessment and management. Specifically, the challenges are discussed in the context of elaborated models and policy responses, which are based on the up-to-date theoretical contributions and empirical evidence from various fields, making the book relevant to professors, researchers, graduate students, and practitioners of risk management, international finance, and financial services. Alexander Karminsky is a Research Professor in the Faculty of Economic Sciences/School of Finance at HSE University. Prof. Karminsky is also in charge of the Laboratory of Financial Innovation and Risk Management at HSE University. He is a distinguished scholar in the field of banking, risk management, and innovations research. He has authored a number of publications in international peer-reviewed journals and monographs. Prof. Karminsky is a member of organizing and scientific committees of important conferences and workshops in the field of finance and risk management both in Russia and abroad. Mikhail Stolbov is Chair of the Department of Applied Economics and Professor in the Economics and Banking Business Department at MGIMO University. Since 2015, he is a distinguished professor of the Russian Academy of Sciences. His research focuses on financial stability, systemic risk, finance-growth nexus and green finance. Prof. Stolbov has a number of publications in leading peer-reviewed journals, both domestic and international. Prof. Stolbov regularly delivers talks at influential conferences in the field of international finance, financial stability and empirical macroeconomics in Russia and abroad. 0aFinancial risk management.959046 0aInternational finance.957834 0aMacroeconomics. 0aFinancial services industry.96041314aRisk Management.95904724aInternational Finance.95783424aMacroeconomics and Monetary Economics.96950824aFinancial Services.9690641 aKarminsky, Alexander.eeditor.4edt4http://id.loc.gov/vocabulary/relators/edt9774201 aStolbov, Mikhail.eeditor.4edt4http://id.loc.gov/vocabulary/relators/edt9774212 aSpringerLink (Online service)0 tSpringer Nature eBook08iPrinted edition:z978303154808608iPrinted edition:z978303154810908iPrinted edition:z978303154811640uhttps://doi.org/10.1007/978-3-031-54809-3  aZDB-2-BUM  aZDB-2-SXBM  c60119d60119