Systemic Risk Tomography: Signals, Measurement and Transmission Channels

by Monica Billio, Roberto Savona, Loriana Pelizzon, et al.

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...

• Format: Hardcover
• Language: English
• ISBN: 1785480855
• ISBN13: 9781785480850
• Release Date: December 2016
• Publisher: Iste Press - Elsevier
• Length: 300 Pages
• Weight: 1.45 lbs.
• Dimensions: 0.8" x 6.1" x 9.1"