New Directions for Understanding Systemic Risk: A Report on a Conference Cosponsored by the Federal Reserve Bank of New York and the National Academy

by National Research Council, Board on Mathematical Sciences and Their Applications, Division on Engineering and Physical Sciences

The stability of the financial system and the potential for systemic events to alter its function have long been critical issues for central bankers and researchers. Recent events suggest that older models of systemic shocks might no longer capture all of the possible paths of such disturbances or account for the increasing complexity of the financial system. To help assess these concerns, the Federal Reserve Bank of New York and the NRC cosponsored...

• Format: Paperback
• Language: English
• ISBN: 0309107520
• ISBN13: 9780309107525
• Release Date: January 2008
• Publisher: National Academies Press
• Length: 120 Pages
• Weight: 0.45 lbs.
• Dimensions: 0.3" x 6.0" x 8.9"