This paper contributes to the understanding of the linear and nonlinear causal linkage from diversification to banking systemic risk. Employing data from China, within both linear and nonlinear causality frameworks, we find that diversification does not embody significant predictive power with respect to banking systemic risk
This paper analyzes the relationship between banks’ divergent strategies toward specialization and d...
We examine systemic risk in the Chinese banking system by estimating the conditional value at risk (...
We examine systemic risk in the Chinese banking system by estimating the conditional value at risk (...
Does diversification of credit portfolio indeed lead to increased performance and reduced risk of ba...
We investigate the effect of portfolio diversification on banking systemic risk, where the network e...
The objective of this study is to examine the portfolio theory that suggests that diversification ca...
We examine the evolution and factors of systemic risk in the Chinese banking sector over the last de...
We collected data pertaining to Chinese listed commercial banks from 2008 to 2016 and found that the...
I present a framework of banking in which banks’ main role is to monitor their borrowers. Within thi...
We examine the evolution and factors of systemic risk in the Chinese banking sector over the last de...
Abstract. It has been pointed out in the macroeconomics and financial risk literature that risk-shar...
[[abstract]]This study argues that the optimal level of diversification for the maximization of bank...
In this paper, we study the implications of diversification in the asset portfolios of banks for fin...
We show that the diversification of risks at financial institutions has unwelcome effects by increas...
This paper contributes to a growing literature on the ambiguous effects of risk diversification. In ...
This paper analyzes the relationship between banks’ divergent strategies toward specialization and d...
We examine systemic risk in the Chinese banking system by estimating the conditional value at risk (...
We examine systemic risk in the Chinese banking system by estimating the conditional value at risk (...
Does diversification of credit portfolio indeed lead to increased performance and reduced risk of ba...
We investigate the effect of portfolio diversification on banking systemic risk, where the network e...
The objective of this study is to examine the portfolio theory that suggests that diversification ca...
We examine the evolution and factors of systemic risk in the Chinese banking sector over the last de...
We collected data pertaining to Chinese listed commercial banks from 2008 to 2016 and found that the...
I present a framework of banking in which banks’ main role is to monitor their borrowers. Within thi...
We examine the evolution and factors of systemic risk in the Chinese banking sector over the last de...
Abstract. It has been pointed out in the macroeconomics and financial risk literature that risk-shar...
[[abstract]]This study argues that the optimal level of diversification for the maximization of bank...
In this paper, we study the implications of diversification in the asset portfolios of banks for fin...
We show that the diversification of risks at financial institutions has unwelcome effects by increas...
This paper contributes to a growing literature on the ambiguous effects of risk diversification. In ...
This paper analyzes the relationship between banks’ divergent strategies toward specialization and d...
We examine systemic risk in the Chinese banking system by estimating the conditional value at risk (...
We examine systemic risk in the Chinese banking system by estimating the conditional value at risk (...