Sibert, Anne (2009) Systemic risk and the European Systemic Risk Board. Other. European Parliament, Brussels.
|
Text
Dec2009.pdf - Published Version of Record Download (103kB) | Preview |
Abstract
Financial crises are often characterised by a few financial institutions failing, followed by a cascade of collapses. Economists are not good at predicting which shocks will trigger an initial collapse. Thus, an early warning system might be better focused on measuring systemic risk, or the vulnerability of the financial system to the initial collapse. I suggest what data might be used and the difficulties associated with identifying systemic risk. I discuss why the ESRB is not adequate for the challenge.
Metadata
| Item Type: | Monograph (Other) |
|---|---|
| School: | Birkbeck Faculties and Schools > Faculty of Business and Law > Birkbeck Business School |
| Depositing User: | Sarah Hall |
| Date Deposited: | 06 May 2014 09:35 |
| Last Modified: | 17 Jun 2025 11:21 |
| URI: | https://eprints.bbk.ac.uk/id/eprint/9670 |
Statistics
Additional statistics are available via IRStats2.
Archive Staff Only (login required)
