Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/231683
Authors: 
Zeldea, Cristina Georgiana
Year of Publication: 
2019
Citation: 
[Journal:] Financial Studies [ISSN:] 2066-6071 [Volume:] 23 [Year:] 2019 [Issue:] 3 (85) [Pages:] 35-48
Abstract: 
In hindsight of the 2008 crisis, the conspicuous underestimation of systemic risk has turned into a strong incentive for authors to develop appropriate measurement techniques.Given the continuously changing nature of the financial system, measurement tools have developed quickly to address diverse and progressively more complex aspects, thereby adding to the issue of establishing a universal framework ofmeasuring systemic risk.In this respect, we tried to devise a brief overview of extant systemic risk approaches, from definition to a selection of measurement instruments.Valuable steps have been made towards producing comprehensive models. However,systemic risk measurement and mitigation remain open issues.
Subjects: 
systemic risk measurement
systemic crises
prudential measures
JEL: 
G15
G20
H12
Creative Commons License: 
https://creativecommons.org/licenses/by-nc-nd/4.0/
Document Type: 
Article

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