This paper proposes “implied stochastic volatility models” designed to fit option-implied volatility data and implements a new estimation method for such models. The method is based on explicitly ...

Cândida Ferreira, Efficiency of European Banks in the Aftermath of the Financial Crisis, Journal of Economic Integration, Vol. 36, No. 1 (March 2021), pp. 103-124 ...

This paper explores a novel forward-looking approach to study the financial stability implications of climate-related transition risks. We develop an integrated micro-macro framework with a new class ...