Before revision:  Although approximated, our common exposure adjustment is able to capture, with only two parameters, an aspect of systemic risk that goes beyond a view over single portfolios and analyzes the complexity of the interplay among (risk-adjusted) exposures .
After revision:  Although approximated, this common exposure adjustment is able to capture, with only two parameters, an aspect of systemic risk that goes beyond a view over single portfolios and analyzes the complexity of the interplay among (risk-adjusted) exposures .