Publicaciones - Serie Banca Central Volumen 15 - Portal Biblioteca
PUBLICATION SHEET

Series on Central Banking 15: Financial Stability, Monetary Policy, and Central Banking
Series on Central Banking 15: Financial Stability, Monetary Policy, and Central Banking
The financial developments of the last decade have had a large impact on the range of risk diversification contracts available to investors. Based on these complex instruments, the investment possibility frontier was shifted outward and increasingly intricate networks were created. At the same time, global financial integration has facilitated the propagation and expansion of financial shocks. The papers in this book, written in 2008-09, discuss risk assessment frameworks, network effects, and the financial crisis. With the financial crisis in the background, theoretical and empirical contributions seek to sketch the tools needed to identify systemic risk, and critique the potential weaknesses of current regulations.
Language: English
Edited by: Rodrigo A. Alfaro
Published: June 2010
$15.000
Available for free in digital format in the Digital Repository and Institutional Website
Work belonging to the Collection of Paintings of the Central Bank of Chile: "Mar Afuera" by Thomas Somerscales (Oil on canvas, 61 x 107 cm.)