1. Top row from the left: Knock in in Silkworm, see Daimon et al., 14-25. Knock out in Xenopus laevis, see Suzuki et al., 108-114. Knock out in zebrafish, see Kawahara et al., 26-33. Knock out in medaka, see Kinoshita et al., 98-107. Middle row: Schematic dr
2. Expected Shortfall: A Natural Coherent Alternative to Value at Risk
3. The authors define SRISK as the capital that a firm is expected to need if there is another financial crisis. It is computed using the average of the fractional returns of the firm's equity in crisis scenarios. This capital shortfall approach is then used to determine firm-specific capital requirement or leverage ratios. While our SES approach determines macroprudential capitalization based on an optimization approach to achieve a specific tail risk and charges banks according to their contribution to systemic risk, the SRISK approach sugReferences Acemoglu;Acharya;Systemic risk and stability in financial networks. NBER Working Paper Series 18727,2011