Vitor Oliveira holds a permanent position as Senior Economist in the Macroprudential Policy division, in the Financial Stability Department at Banco de Portugal. He also holds a non-permanent position as Assistant Professor or Finance in Universidade Autonoma de Lisboa. His current research interests include financial system, in particular the banking system, studying its main risks (idiosyncratic and systemic risks), its regulatory policies (micro- and macroprudential) and the links to the real economy. He has published articles in international journals, such as the International Journal of Central Banking and Studies in Economics and Finance. His education includes a Master's degree in Finance at the Lisbon School of Economics and Management (ISEG-UL) and a PhD degree in Finance in the same university.
This paper analyzes how systemic risk structurally evolved between 2007 and 2017. The main contributions of the paper to the literature include the methodology, analysis and potential use for macroprudential policies.