This handbook examines the latest techniques and strategies that are used to unlock the risk transfer capacity of … contextualises non-traditional risk transfer tools created over the last 20 years. Featuring contributions from distinguished … academics and professionals from around the world, this book covers in detail issues in securitization, financial risk …

using modern information technology and advanced financial theory to temper basic risks that have been ignored by risk … book presents a fresh vision for hedging risk and securing our economic future. Shiller describes six fundamental ideas for … stability of national economies. Informed by a comprehensive risk information database, this new financial order would include …

"While the traditional view of financial innovation emphasizes the risk sharing role of new financial assets, belief …. This paper investigates the effect of financial innovation on portfolio risks in an economy when both the risk sharing and … the possibilities for risk sharing. My main result shows that financial innovation also always increases the speculative …