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"On spillover effects between cryptocurrency-linked stocks and the cryp" by Jozo Frankovic, Bin Liu et al.


Abstract
This paper categorizes Australian listed cryptocurrency-linked stocks (CLS) by their involvement as a user, developer and diffuser, and investor of blockchain technology and cryptocurrencies based on company announcements and published information on the company websites. By distinguishing CLS engagement with blockchain technology, we examine their returns and volatility spillover with the cryptocurrency market over the period 1 September 2017 to 7 June 2018, spanning important episodes and dynamics in the cryptocurrency market in 2017-2018, and the emergence of Australian CLS. Utilizing the Diebold and Yilmaz (2012) spillover methodology, we find significant unidirectional return spillover and weak volatility spillover from the cryptocurrency market to CLS, after controlling return dynamics of the Australian dollar, Gold and commodity. However, CLS with high involvement in blockchain technology displays stronger connectedness to the cryptocurrency market through retu ....

Crypto Currency , Ryptocurrency Linked Stocks , Eturns Spillover , கிரிப்டோ நாணய ,

Financial Stability Review, May 2021


Financial Stability Review, May 2021
Foreword
This is the third issue of the Financial Stability Review (FSR) prepared in the context of the coronavirus COVID-19 pandemic, with many euro area countries having faced a third wave of infections. As a result, a vast number of firms – particularly those in the services, leisure and travel sectors – still cannot operate normally, and the economy is still reliant upon policy support to prevent widespread unemployment, corporate insolvencies and economic contraction. The human and economic costs of the pandemic continue to accrue.
That said, vaccination programmes are progressing and offering a route out of the pandemic. Financial markets have been driven by expectations of an upswing, exemplified by a striking rally in global equity markets. We are optimistic that financial and economic conditions will bounce back. There is, however, a reality that the pandemic will leave a legacy of higher debt and weaker balance sheets, ....

United States , Hong Kong , United Kingdom , New Zealand , Frankfurt Am Main , South Sea , Brunei General , New Brunswick , Lieven Hermans , Martina Spaggiari , Allianz Euler Hermes , Katharina Cera , Michal Dvo , Mara Pirovano , Tobias Helmersson , Olivia Chi , Luca Mingarelli , Christophe Van Nieuwenhuyze , Linda Fache Rousov , Sean Osullivan , Dejan Krusec , Algirdas Prapiestis , Dilyara Salakhova , Danilo Vassallo , Sujit Kapadia , Spyros Alogoskoufis ,

Free webinar Thursday June 3, 2021, 12 pm - 1pm EDT


Free webinar Thursday June 3, 2021, 12 pm - 1pm EDT
Rebalancing operations more than one year into the COVID-19 pandemic.
Though Americans can see the light at the end of the COVID-19 tunnel due to a nationwide vaccination program, businesses may still be struggling to overcome pandemic-related disruption.
Register for this free webinar to find opportunities within the disruption rather than focusing on its obstacles. Bill Currence, President and Managing Partner at Cornerstone Consulting Organization, will discuss:
• Managing ongoing supply chain disruptions
• Rebalancing the production line and maximizing EBITDA
• Developing a comprehensive and flexible Sales Inventory & Operations Planning (SIOP) strategy to be successful short- and long-term ....

United States , Baden Wüberg , Goldring Toolholders , Timothy Fara , Accutek Inc , Machine Technology , Helmut Diebold Gmbh Co , Illinois Based Accutek Inc , Helmut Diebold Gmbh , Diebold Modular , Shrink Fit Machine , North America , ஒன்றுபட்டது மாநிலங்களில் , இயந்திரம் தொழில்நுட்பம் , ஹெல்முட் டைபோல்ட் கஂப் இணை , ஹெல்முட் டைபோல்ட் கஂப் , வடக்கு அமெரிக்கா ,

Credit risk transmission during the pandemic: the sovereign-bank-corporate nexus


Prepared by Christian Gross and Cosimo Pancaro
It has been argued that the coronavirus pandemic has strengthened what is known as the sovereign-bank-corporate nexus, also intensifying the transmission of credit risk shocks across sectors.
[1],
[2] An increase in interdependencies among sovereigns, banks and corporates may mean that if vulnerabilities arise in one sector, they become more likely to spill over to other sectors. This box sheds light on how the structure of cross-sectoral credit risk transmission has evolved since the start of the pandemic. It does so by using high-frequency, firm-level data on expected default frequencies (EDFs) to estimate the direction and intensity of credit risk spillovers between the sovereign, bank, non-bank financial and corporate sectors. ....

Christian Gross , World Health Organization , Financial Stability Review , Next Generation , கிறிஸ்துவர் மொத்த , உலகம் ஆரோக்கியம் ஆர்கநைஸேஶந் , நிதி ஸ்திரத்தன்மை விமர்சனம் , அடுத்தது ஜெநரேஶந் ,