Systemic risk tomography : signals, measurement and transmission channels /

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Bibliographic Details
Imprint:Oxford : Elsevier Ltd. : ISTE Press - Elsevier, 2017.
©2017
Description:1 online resource (xxi, 278 pages)
Language:English
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/11550693
Hidden Bibliographic Details
Other authors / contributors:Billio, Monica, editor.
Pelizzon, Loriana, editor.
Savona, Roberto, editor.
ISBN:0081011768
9780081011768
9781785480850
1785480855
Notes:Includes bibliographical references and index.
Print version record.
Summary:In April 2010 Europe was shocked by the Greek financial turmoil. At that time, the global financial crisis, which started in the summer of 2007 and reached systemic dimensions in September 2008 with the Lehman Brothers' crash, took a new course. An adverse feedback loop between sovereign and bank risks reflected into bubble-like spreads, as if financial markets had received a wake-up call concerning the disregarded structural vulnerability of economies at risk. These events inspired the SYRTO project to "think and rethink" the economic and financial system and to conceive it as an "ensemble" of Sovereigns and Banks with other Financial Intermediaries and Corporations. This book proposes a novel way to explore the financial system by sectioning each part of it and analyzing all relevant inter-relationships. The financial system is inspected as a biological entity to identify the main risk signals and to provide the correct measures of prevention and intervention.
Other form:Print version: BILLIO, MONICA. SYSTEMIC RISK TOMOGRAPHY. [Place of publication not identified] : ELSEVIER, 2017 1785480855