Systemic Financial Risk


Note moyenne : | 0 avis
Ce produit n'a pas encore été évalué. Soyez le premier !
  • OECD

  • Paru le : 26/06/2012
  • Tous vos e-books sur notre application de lecture
  • Téléchargement immédiat
  • Aide au choix numérique
17,00 €
E-book - PDF
Vérifier la compatibilité avec vos supports

Decitre eBooks

Découvrez vos e-books avec notre application de lecture !

Votre note
This report analyses the results of simulations using an agent based model of financial markets to show how excessive levels of leverage in financial markets can lead to a systemic crash.  Investors overload on risky assets betting more than they have to gamble creating a tremendous level of vulnerability in the system as a whole.  Plummeting asset prices render banks unable or unwilling to provide credit as they fear they might be unable to cover their own liabilities due to potential loan defaults.  Whether an overleveraged borrower is a sovereign nation or major financial institution, recent history illustrates how defaults carry the risk of contagion in a globally interconnected economy.
The resulting slowdown of investment in the real economy impacts actors at all levels, from small businesses to homebuyers. Bankruptcies lead to job losses and a drop in aggregate demand, leading to more businesses and individuals being unable to repay their loans, reinforcing a downward spiral that can trigger a recession, depression or bring about stagflation in the real economy. This can have a devastating impact not only on economic prosperity across the board, but also consumer sentiment and trust in the ability of the system to generate long-term wealth and growth.    
Bons plans numériques
  • Date de parution : 26/06/2012
  • Editeur : OECD
  • ISBN : 978-92-641-6771-1
  • EAN : 9789264167711
  • Format : PDF
  • Nb. de pages : 81 pages
  • Caractéristiques du format PDF
    • Pages : 81
    • Taille : 4 737 Ko
    • Protection num. : Digital Watermarking
    • Transferts max. : Autorisé
    • Imprimable : Autorisé
    • Copier coller : Autorisé

Nos avis clients sur

Avis Trustpilot

Systemic Financial Risk est également présent dans les rayons

 Collective - Systemic Financial Risk.
Systemic Financial Risk
17,00 €
Haut de page
Decitre utilise des cookies pour vous offrir le meilleur service possible. En continuant votre navigation, vous en acceptez l'utilisation. En savoir plus OK

Ne partez pas tout de suite...

Inscription newsletter