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...
Cote: | Libro Electrónico |
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Format: | Électronique eBook |
Langue: | Inglés |
Publié: |
International Monetary Fund
2006.
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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