书目名称 | Risk Management in Volatile Financial Markets |
编辑 | Franco Bruni,Donald E. Fair,Richard O’Brien |
视频video | |
丛书名称 | Financial and Monetary Policy Studies |
图书封面 |  |
描述 | intense competition on banks and other financial institutions, as a period of oligopoly ends: more rather than less innovation is needed to help share undi versifiable risks, with more attention to correlations between different risks. Charles Goodhart of the London School of Economics (LSE), while ques tioning the idea that volatility has increased, concludes that structural changes have made regulation more problematic and calls for improved information availability on derivatives transactions. In a thirteen country case study of the bond market turbulence of 1994, Bo rio and McCauley of the BIS pin the primary causes of the market decline on the market‘s own dynamics rather than on variations in market participants‘ apprehensions about economic fundamentals. Colm Kearney of the Univer sity of Western Sydney, after a six country study of volatility in economic and financial variables, concludes that more international collaboration in man aging financial volatility (other than in foreign exchange markets) is needed in Europe. Finally, Stokman and Vlaar of the Dutch central bank investigate the empirical evidence for the interaction between volatility and international transa |
出版日期 | Book 1996 |
关键词 | Banking; Bond Market; Financial Market; Financial Markets; Retail Banking |
版次 | 1 |
doi | https://doi.org/10.1007/978-1-4613-1271-0 |
isbn_softcover | 978-1-4612-8542-7 |
isbn_ebook | 978-1-4613-1271-0Series ISSN 0921-8580 Series E-ISSN 2197-1889 |
issn_series | 0921-8580 |
copyright | Springer Science+Business Media Dordrecht 1996 |