Mardi Dungey

Recently added resources

Working paper

31 Aug 2016

We develop a theoretical and empirical framework to model the international connections between fi…nancial institutions and sovereign debt markets. By allowing for both good and poor returns on the investments of fi…nancial institutions in real economy fi…rms and the potential for haircuts in sovereign debt...

Working paper

14 May 2015

We provide empirical evidence on the degree of systemic risk in Australia before, during and after the Global Financial Crisis. We calculate a daily index of systemic risk from 2004 to 2013 in order to understand how real economy firms influence the outcomes for the...

Working paper

30 Sep 2014

The increasingly intertwined banking and insurance sectors have lead to calls for stronger regulatory oversight of the insurance industry as potentially systemically risky. Ultimately systemic risk impacts the real economy, and this paper measures the risk via interconnectedness of the banking, insurance and real economy...

Working paper

30 Nov 2013

To measure the systemic risk in financial markets, and rank systemically important financial institutions (SIFIs), we propose a methodology based on the Google PageRank algorithm. We understand the economic system as interconnected risk shocks of firms in both the financial sector and the real economy....

Discussion paper

31 Jul 2003

The 'error of closure' is the population growth that cannot be accounted for either by natural increase or by quantifiable non-demographic factors. The term is somewhat misleading: since it incorporates all unquantifiable components of the increase in a population count, it is unlikely ever to...

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