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.
Mark Carey & Rene M. Stulz
Risks of Financial Institutions [PDF ebook]
Risks of Financial Institutions [PDF ebook]
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Limba Engleză ● Format PDF ● ISBN 9780226092980 ● Editor Mark Carey & Rene M. Stulz ● Editura University of Chicago Press ● Publicat 2007 ● Descărcabil 3 ori ● Valută EUR ● ID 5658741 ● Protecție împotriva copiilor Adobe DRM
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