HAL will be down for maintenance from Friday, June 10 at 4pm through Monday, June 13 at 9am. More information
Skip to Main content Skip to Navigation
Preprints, Working Papers, ...

Where the Risks Lie: A Survey on Systemic Risk

Abstract : We review the extensive literature on systemic risk and connect it to the current regulatory debate. While we take stock of the achievements of this rapidly growing field, we identify a gap between two main approaches. The first one studies different sources of systemic risk in isolation, uses confidential data, and inspires targeted but complex regulatory tools. The second approach uses market data to produce global measures which are not directly connected to any particular theory, but could support a more efficient regulation. Bridging this gap will require encompassing theoretical models and improved data disclosure.
Document type :
Preprints, Working Papers, ...
Complete list of metadata

Contributor : Antoine Haldemann Connect in order to contact the contributor
Submitted on : Thursday, February 7, 2019 - 8:28:25 PM
Last modification on : Tuesday, April 26, 2022 - 10:04:04 AM




  • HAL Id : hal-02011395, version 1


Sylvain Benoît, Jean-Edouard Colliard, Christophe Hurlin, Christophe Pérignon. Where the Risks Lie: A Survey on Systemic Risk. 2015. ⟨hal-02011395⟩



Record views