A Framework for Assessing Systemic Risk / Dijkman, Miquel
Contributor(s): Resource type: Ressourcentyp: Buch (Online)Book (Online)Language: English Publisher: Washington, D.C : The World Bank, 2010Description: Online-Ressource (32 p)Additional physical formats: Dijkman, Miquel: A Framework for Assessing Systemic Risk DOI: DOI: 10.1596/1813-9450-5282Online resources: Summary: When faced with financial crises, authorities worldwide tend to respond aggressively with public support measures. Given the adverse impact on moral hazard and market discipline, support measures involving public money are ideally limited to crisis situations involving systemic risk: a disturbance in the financial system that is serious enough to affect the real economy. This note sets out the main characteristics of a systemic risk assessment framework: a simple analytical framework that can be used by authorities with financial crisis management responsibilities in times of financial crisis to assess the extent to which that particular crisis situation poses systemic riskPPN: PPN: 834966654Package identifier: Produktsigel: ZDB-1-WBA | ZDB-110-WBLNo physical items for this record
2010. (World Bank eLibrary) |2010||||||||||