Systemic Risk: A Survey |
Contents
INTRODUCTION | 5 |
THE CONCEPT OF SYSTEMIC RISK | 12 |
THEORETICAL MODELS OF SYSTEMIC RISK | 19 |
6 other sections not shown
Common terms and phrases
aggregate shock asymmetric information bank contagion bank failures bank runs banking crises banking markets Banking Panics banking system Banque de France Bernanke bilateral bilateral net Calomiris Cambridge Central Bank co-movements concept of systemic contagion effects correlation countries currency attacks currency crises debt deposit contracts deposit insurance depositors devaluation emerging market empirical equilibrium equity market ex ante exchange rate exposures Fedwire financial crises financial institutions financial markets Financial Stability financial systems foreign exchange free banking funds Granger causality idiosyncratic shock increase individual banks interbank market interest rates investment investors Journal of Financial large number lender of last lending boom Liquidity Risk liquidity shocks literature loans macroeconomic market crashes Monetary moral hazard occur payment and settlement payment systems period potential problems propagation regional Research reserves returns sector securities markets security settlement systems sense spillovers stock market systematic shocks systemic events systemic risk theoretical Tokyo trading variables volatility