The extent by more than 100 academics of this contagion of instability can be clearly observed through this model; and researchers, the work of The School of Public Policy and its unfortunately, it requires the use of detailed information typically available students contributes to a more only to a limited circle of bank supervisors. [...] The 2007 global financial crisis highlighted some shortcomings of the regulatory framework at the time, specifically its inability to address the stability of the financial system as a whole. [...] Some of the early definitions of systemic risk focus on a substantial disruption of confidence and information in the banking sector and consequently, in the financial sector. [...] The upside of this approach is the availability of stock price information, and the information and views of all market participants that are priced into the stocks. [...] In its 2009 annual report, the Bank for International Settlements defines procyclicality as “the fact that, over time, the dynamics of the financial system and of the real economy reinforce each other, increasing the amplitude of booms and busts and undermining stability in both the financial sector and the real economy.” Banks tend to engage in riskier investments and provide excessive loans in g.
- Pages
- 7
- Published in
- Canada
