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The Limits of Market-Based Risk Transfer and Implications for Managing Systemic Risks.

The paper discusses the limits to market-based risk transfer in the financial system and the implications for the management of systemic long-term financial risks. Financial instruments or markets to transfer and better manage these risks across institutions and sectors are, as yet, either nascent o...

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Détails bibliographiques
Cote:Libro Electrónico
Format: Électronique eBook
Langue:Inglés
Publié: International Monetary Fund 2006.
Collection:IMF Working Papers ; Working Paper no. 06/217.
Sujets:
Accès en ligne:Texto completo
Table des matières:
  • Contents
  • Executive Summary
  • I. INTRODUCTION
  • II. LONG- TERM SYSTEMIC RISKS
  • III. INNOVATIONS IN RISK TRANSFER MARKETS
  • IV. INCOMPLETE MARKETS
  • V. POLICY CONSIDERATIONS
  • VI. CONCLUSIONS
  • References