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Rok: 2007
ISBN: 9780226092850
OCLC Number: (OCoLC)191700095
OCLC Number: (OCoLC)191700095
OKCZID: 110921600
Citace (dle ČSN ISO 690):
CAREY, Mark S., ed. a STULZ, René M., ed. The risks of financial institutions [elektronický zdroj]. Chicago: University of Chicago Press, 2006. xi, 655 p. A National Bureau of Economic Research conference report.
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.
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