Financial cycles have sizeable economic effects, as witnessed during the 2008 financial crisis. However, despite topic’s research importance, there is limited literature on how and crises affect individual family firms. To best of our knowledge, study among first to measure impact firms, we use Amadeus database European companies. We identify firms following Global Family Business Index methodo...

Financial crises are linked to large output declines, but the potential links between different types of crises remains unclear. To enhance understanding we study the interdependencies between domestic banking crises, on one hand, and external financial crises, including currency and sudden stop crises, on the other in a quarterly global panel. We further ask how the different crises relate to ...

Since the seismic behavior of the earth’s energy (which follows from the power law distribution) can be similarly seen in the energy realized by the stock markets, in this paper we consider a statistical study for comparing the financial crises and the earthquakes. For this end, the TP statistic, proposed by Pisarenko and et al. (2004), is employed for estimating the critical point or the lower...

The Basel Committee on Banking Supervision (BCBS), in response to the recent financial crisis, has developed new stability rules aimed at preventing financial crises in the future. This paper uses the new Liquidity Ratio (LCR) and attempts to determine the impact of this ratio on the stability of the banking system. The objective of the LCR is to promote the short-term resilience of the liquidi...

Abstract Banks have so far weathered well the financial turbulence caused by COVID-19 while at same time being central in economic and response. As crisis moves from its initial phase as a short-term liquidity shock, sector is facing increasing volumes of non-performing loans, raising spectre banking solvency crisis. In economies already burdened with low-quality assets, fallout intensifying ex...

The Fetal Origins Hypothesis (FOH), put forward in the epidemiological literature and later flourished in the economics literature, suggests that the time in utero is a critical period for human development. However, much attention has been paid to the consequences of fetal exposures to more extreme natural shocks, while less is known about fetal exposures to milder but more commonly experience...