46B71049-03AC-4024-919B-E8A08E746BFFSystemic Risk CentreResearch GrantES/K002309/1924BE15C-91F2-4AAD-941A-3F338324B6AEESRCINCOME_ACTUAL37574740E9497A1-4FE2-4B21-86D5-829662E71D11Procyclical Leverage and Value-at-Risk55cd9b06f9cf15af861dcbb2d683c557Adrian Thttp://dx.doi.org/10.3386/w18943http://dx.doi.org/10.3386/w18943Working Paperr_1036257945640dc2fe