New Directions for Understanding Systemic Risk:

A Report on a Conference Cosponsored by the Federal Reserve Bank of New York and the National Academy of Sciences

Status: Available Now

Size: 120 pages, 6x9

Publication Year:2007

Print	List Price


PAPERBACK ISBN-10: 0-309-10752-0 ISBN-13: 978-0-309-10752-5	$31.00	Add to Cart

PDF			About PDF

Authors:
John Kambhu, Scott Weidman, and Neel Krishnan, Rapporteurs, National Research Council
Authoring Organizations

Description:

Paste into your Web page:

<!-- Start NAP Book Display -->
<object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=8,0,0,0" width="175" height="250" id="napbookwrapper" align="middle">
<param name="allowScriptAccess" value="always" />
<param name="movie" value="http://www.nap.edu/napbookwrapper.swf" />
<param name="quality" value="high" />
<param name="wmode" value="transparent" />
<param name="flashvars" value="wid=107211863820130525202936&record_id=11914" />
<embed src="http://www.nap.edu/napbookwrapper.swf" quality="high" flashvars="wid=107211863820130525202936&record_id=11914" wmode="transparent" bgcolor="#ffffff" width="175" height="250" name="napbookwrapper" align="middle" allowScriptAccess="always" allowFullScreen="false" type="application/x-shockwave-flash" pluginspage="http://www.macromedia.com/go/getflashplayer"></embed>
</object>

Preview

Free Resources

Full Text
Jump to this book's table of contents to begin reading online for free.

Related Items:
Related Titles

No free downloads available for this title.

Reprint Permission
Request permission to license or reprint the book's content through Copyright Clearance Center's Rightslink.

Request Permission to Distribute a PDF

Request Translation Rights

Questions About Rights and Permissions?

Table of Contents
Select a link below to start reading online free!
Front Matter	i-xii
1 Introduction	1-19	(skim)
2 Current Trends in Economic Research on Systemic Risk	20-28	(skim)
3 Systemic Risk in Ecology and Engineering	29-54	(skim)
4 The Payments System and the Market for Interbank Funds	55-67	(skim)
5 Concluding Observations	68-76	(skim)
Appendixes	77-78	(skim)
Appendix A: Conference Program	79-81	(skim)
Appendix B: Background Paper	82-106	(skim)
Appendix C: About the Rapporteurs	107-108	(skim)

Description

The stability of the financial system and the potential for systemic events to alter its function have long been critical issues for central bankers and researchers. Recent events suggest that older models of systemic shocks might no longer capture all of the possible paths of such disturbances or account for the increasing complexity of the financial system. To help assess these concerns, the Federal Reserve Bank of New York and the NRC cosponsored a conference that brought together engineers, scientists, economists, and financial market experts to promote better understanding of systemic risk in a variety of fields. The book presents an examination of tools used in ecology and engineering to study systemic collapse in those areas; a review of current trends in economic research on systemic risk, the payments system, and the market of interbank funds; and for context, descriptions of how systemic risk in the financial system affects trading activities.

New Directions for Understanding Systemic Risk:

A Report on a Conference Cosponsored by the Federal Reserve Bank of New York and the National Academy of Sciences

Citation Manager

Description

Authoring Organizations

Search This Book

SIGN UP FOR...