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PhD dissertation “Financial Stability in a Changing Environment“
Erasmus University (February 18, 2023)
My thesis focuses on improving the understanding of the effects of climate and pandemic-related shocks on financial sector variables. Specifically, it aims to contribute to the development of climate risk stress tests, which translate initial climate shock parameters into variables that are relevant to assess financial institutions, such as solvency and liquidity metrics. The main objective in this thesis is therefore to investigate what the relationship is between climate-related shock variables and financial variables, with a focus on financial asset value and financial institution solvency.