:(i) the design of financial regulation; (ii) a better way of assessing systemic risk; and (iii) mechanisms for more effective …

The G-20 Data Gaps Initiative has called for the IMF to develop standard measures of tail risk, which we identify in … this paper with systemic risk. To understand the conditions under which tail risk is present, it is first necessary to … performance of eleven near-term systemic risk indicators as ‘early’ warning of distress among top financial institutions in the …