The Risks of Financial Institutions
Synopsis
Until about twenty years ago, the consensus view on the cause of financial-system distress was fairly simple: a run on one bank could easily turn to a panic involving runs on all banks, destroying some and disrupting the financial system. Since then, however, a series of events—such as emerging-market debt crises, bond-market meltdowns, and the Long-Term Capital Management episode—has forced a rethinking of the risks facing financial institutions and the tools available to measure and manage these risks.The Risks of Financial Institutions examines the various risks affecting financial institutions and explores a variety of methods to help institutions and regulators more accurately measure and forecast risk. The contributors--from academic institutions, regulatory organizations, and banking--bring a wide range of perspectives and experience to the issue. The result is a volume that points a way forward to greater financial stability and better risk management of financial institutions.
Book details
- Series:
- National Bureau of Economic Research Conference Report
- Author:
- Mark Carey, Rene M. Stulz
- ISBN:
- 9780226092980
- Related ISBNs:
- 9780226092850
- Publisher:
- University of Chicago Press
- Pages:
- 520
- Reading age:
- Not specified
- Includes images:
- No
- Date of addition:
- 2020-12-17
- Usage restrictions:
- Copyright
- Copyright date:
- 2007
- Copyright by:
- N/A
- Adult content:
- No
- Language:
- English
- Categories:
- Business and Finance, Nonfiction