Essays about: "Ioannis Tzoumas"

Found 2 essays containing the words Ioannis Tzoumas.

1. 1. Quantifying the Impact of EU-US "Distressed" Financial Market Integration on European Credit Supply

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Ioannis Tzoumas; [2023]
   Keywords : ΔCoVaR; Loans; Credit; Risk; Integration; Business and Economics;

   Abstract : This paper proposes a new method for quantifying financial integration by adapting Adrian & Brunnermeier (2016)’s ΔCoVaR to conform with standard asset pricing literature (Lewellen & Nagel 2006, Cochrane 2009). We reconcile ΔCoVaR with standard microeconomic theory (Waller & Lewarne 1994) and test for causal relationships with respect to the contagion of US acute financial shocks to the EU’s loan supply. READ MORE

3. 2. Quantifying the Impact of Energy Prices on Financial Stability

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Ioannis Tzoumas; [2022]
   Keywords : Financial Stability; Energy Commodities; Financial Risk; Ukraine-Russia; ΔCoVaR; Business and Economics;

   Abstract : Financial stability has always been at the forefront of research for both academics and practitioners alike. Given the current Russian invasion of Ukraine and the importance of energy commodities to the economic and strategic integrity of countries, understanding the importance of energy commodity price fluctuations on financial stability is of crucial importance. READ MORE