Front Matter -- Preface -- Acknowledgments -- Contents -- 1 Introduction -- 2 Current Trends in Economic Research on Systemic Risk -- 3 Systemic Risk in Ecology and Engineering -- 4 The Payments System and the Market for Interbank Funds -- 5 Concluding Observations -- Appendixes -- Appendix A:...

This report, produced by the Federal Reserve Bank of New York and the National Academy of Sciences Board on Mathematical Sciences and Their Applications, presents key findings from the cross-disciplinary conference quot;New Directions for Understanding Systemic Risk,quot; held in May 2006

This report, produced by the Federal Reserve Bank of New York and the National Academy of Sciences Board on Mathematical Sciences and Their Applications, presents key findings from the cross-disciplinary conference quot;New Directions for Understanding Systemic Risk,quot; held in May 2006

This report, produced by the Federal Reserve Bank of New York and the National Academy of Sciences Board on Mathematical Sciences and Their Applications, presents key findings from the cross-disciplinary conference quot;New Directions for Understanding Systemic Risk,quot; held in May 2006

This report, produced by the Federal Reserve Bank of New York and the National Academy of Sciences Board on Mathematical Sciences and Their Applications, presents key findings from the cross-disciplinary conference quot;New Directions for Understanding Systemic Risk,quot; held in May 2006

This report, produced by the Federal Reserve Bank of New York and the National Academy of Sciences Board on Mathematical Sciences and Their Applications, presents key findings from the cross-disciplinary conference quot;New Directions for Understanding Systemic Risk,quot; held in May 2006

This report, produced by the Federal Reserve Bank of New York and the National Academy of Sciences Board on Mathematical Sciences and Their Applications, presents key findings from the cross-disciplinary conference quot;New Directions for Understanding Systemic Risk,quot; held in May 2006

This report, produced by the Federal Reserve Bank of New York and the National Academy of Sciences Board on Mathematical Sciences and Their Applications, presents key findings from the cross-disciplinary conference quot;New Directions for Understanding Systemic Risk,quot; held in May 2006

This report, produced by the Federal Reserve Bank of New York and the National Academy of Sciences Board on Mathematical Sciences and Their Applications, presents key findings from the cross-disciplinary conference New Directions for Understanding Systemic Risk, held in May 2006

This report, produced by the Federal Reserve Bank of New York and the National Academy of Sciences Board on Mathematical Sciences and Their Applications, presents key findings from the cross-disciplinary conference quot;New Directions for Understanding Systemic Risk,quot; held in May 2006