The limits of market-based risk transfer and implications for managing systemic risks / / Todd Groome ... [et al.]

• Autore: Groome W. Todd
• Pubblicazione: [Washington, D.C.], : International Monetary Fund, International Capital Markets Dept., 2006
• Edizione: 1st ed.
• Descrizione fisica: 1 online resource (50 p.)
• Soggetto topico: Finance - Risk management; Financial institutions - Risk management; Insurance - State supervision; Risk management - Government policy
• Altri autori: GroomeW. Todd
• Note generali: "September 2006".
• Nota di bibliografia: Includes bibliographical references.
• Nota di contenuto: ""Contents""; ""Executive Summary""; ""I. INTRODUCTION""; ""II. LONG- TERM SYSTEMIC RISKS""; ""III. INNOVATIONS IN RISK TRANSFER MARKETS""; ""IV. INCOMPLETE MARKETS""; ""V. POLICY CONSIDERATIONS""; ""VI. CONCLUSIONS""; ""References""
• Sommario/riassunto: The paper discusses the limits to market-based risk transfer in the financial system and the implications for the management of systemic long-term financial risks. Financial instruments or markets to transfer and better manage these risks across institutions and sectors are, as yet, either nascent or nonexistent. As such, the paper investigates why these markets remain "incomplete." It also explores a range of options by which policymakers may encourage the development of these markets as part of governments' role as a risk manager.
• Titolo autorizzato: The limits of market-based risk transfer and implications for managing systemic risks
• ISBN: 1-4623-9923-1; 1-4527-7334-3; 1-283-51519-9; 9786613827647; 1-4519-0930-6
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910826875203321
• Lo trovi qui: Univ. Federico II
• Serie: IMF working paper ; ; WP/06/217.