of their banking system risk and profitability. Rapid credit growth has been a recent feature of financial development in …

not shared in the economy provides greater understanding of why the economy lacks risk-sharing arrangements in specific … areas and can suggest areas where the economy’s risk-sharing capability could be enhanced. The authors find that a … negligible amount of risk (around 10 percent) is shared in the aggregate, about 50 percent is shared within regions and …

-varying risk premium. However, there is little evidence that the forecast error is related to fundamentals, although most … considering intervention as a channel through which fundamentals influence risk premiaannel through which fundamentals influence … risk premia. …

clear indication of how derivatives are used to manage interest rate risk, or whether they are used to increase or reduce … that risk. …

risk and return. Because diversification tends to reduce risk without a proportional reduction in returns, an overwhelming ….> This article investigates specialization in banking and its effects on risk and return. The author compares a group of … regulators, especially in the field of capital requirements, and the need to revise the current approach to regulatory risk …

Managing risk has always been an integral part of banking. In the past two years an approach to risk management called … "Value at Risk" has been accepted by both practitioners and regulators as the "right" way to measure risk, becoming a de … facto industry standard. Yet, the danger is that overreliance on value at risk can give risk managers a false sense of …