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• The systemic impact (loss caused) is mainly driven by topological features. • For banks, this importance increases with the level of the initial shock. • For credit unions, this importance decreases with the level of the initial shock. • The systemic vulnerability (loss suffered) is mainly driven by financial features. • This importance increases with the initial shock for both banks and credit unions. The purpose of this paper is to assess the role of financial variables and network topology as determinants of systemic risk (SR). The SR, for different levels of the initial shock, is computed for institutions in the Brazilian interbank market by applying the differential DebtRank methodology. The financial institution(FI)-specific determinants of SR are evaluated through two machine learning techniques: XGBoost and random forest. Shapley values analysis provided a better interpretability for our results. Furthermore, we performed this analysis separately for banks and credit unions. We have found the importance of a given feature in driving SR varies with i) the level of the initial shock, ii) the type of FI, and iii) the dimension of the risk which is being assessed – i.e., potential loss caused by (systemic impact) or imputed to (systemic vulnerability) the FI. Systemic impact is mainly driven by topological features for both types of FIs. However, while the importance of topological features to the prediction of systemic impact of banks increases with the level of the initial shock, it decreases for credit unions. Concerning systemic vulnerability, this is mainly determined by financial features, whose importance increases with the initial shock level for both types of FIs. [ABSTRACT FROM AUTHOR]

• Impact of covariates on COVID-19 response were tested via Granger-causality tests. • Climatic impact on COVID-19 cases-to-mortality ratios were studied in 36 countries. • Relationship equations were established using regression analysis. • Temperature data were factored-in in training forecasting models. • The trained models were used for forecasting COVID-19 cases-to-mortality ratios. There are several recent publications criticizing the failure of COVID-19 forecasting models, with swinging over predictions and underpredictions, which have made it difficult for decision and policy making. Observing the failures of several COVID-19 forecasting models and the alarming spread of the virus, we seek to use some stable response for forecasting COVID-19, viz., ratios of COVID-19 cases to mortalities, rather than COVID-19 cases or fatalities. A trend of low COVID-19 cases-to-mortality ratios calls for urgent attention: the need for vaccines, for instance. Studies have shown that there are influences of weather parameters on COVID-19; and COVID-19 may have come to stay and could manifest a seasonal outbreak profile similar to other infectious respiratory diseases. In this paper, the influences of some weather, geographical, economic and demographic covariates were evaluated on COVID-19 response based on a series of Granger-causality tests. The effect of four weather parameters, viz., temperature, rainfall, solar irradiation and relative humidity, on daily COVID-19 cases-to-mortality ratios of 36 countries from 5 continents of the world were determined through regression analysis. Regression studies show that these four weather factors impact ratios of COVID-19 cases-to-mortality differently. The most impactful factor is temperature which is positively correlated with COVID-19 cases-to-mortality responses in 24 out of 36 countries. Temperature minimally affects COVID-19 cases-to-mortality ratios in the tropical countries. The most influential weather factor – temperature – was incorporated in training random forest and deep learning models for forecasting the cases-to-mortality rate of COVID-19 in clusters of countries in the world with similar weather conditions. Evaluation of trained forecasting models incorporating temperature features show better performance compared to a similar set of models trained without temperature features. This implies that COVID-19 forecasting models will predict more accurately if temperature features are factored in, especially for temperate countries. [ABSTRACT FROM AUTHOR]