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- W1570682781 abstract "Financial crises are often characterised by a few financial institutions failing, followed by a cascade of collapses. Economists are not good at predicting which shocks will trigger an initial collapse. Thus, an early warning system might be better focused on measuring systemic risk, or the vulnerability of the financial system to the initial collapse. I suggest what data might be used and the difficulties associated with identifying systemic risk. I discuss why the ESRB is not adequate for the challenge." @default.
- W1570682781 created "2016-06-24" @default.
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- W1570682781 date "2009-01-01" @default.
- W1570682781 modified "2023-09-24" @default.
- W1570682781 title "Systemic risk and the European Systemic Risk Board" @default.
- W1570682781 hasPublicationYear "2009" @default.
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