Frontmatter -- Acknowledgments -- Contents -- 1 Introduction and Major Outcomes of the Workshop -- 2 Major Themes of the Workshop Discussions -- 3 Observations from the Workshop's Keynote Presentations -- Appendix A Letter from Senator Jack Reed to Ralph Cicerone, National Academy of Sciences...

When financial firms are under-capitalized, they are vulnerable to external shocks. This is commonly measured by stress tests or market-based measures of systemic risk such as SRISK. The natural response to such vulnerability is to raise capital and this can endogenously start a financial...

This groundbreaking series brings together a critical selection of key papers by the Nobel Memorial Laureates in Economics that have helped shape the development and present state of economics. The editors have organised this comprehensive series by theme and each volume focuses on those...