Danielsson, Jon (2013) The new market-risk regulations. VoxEU.org (28 Nov 2013) Opinion Piece.
Full text not available from this repository.Abstract
Basel III is coming into focus. The fundamental logic of the regulatory changes seems sensible, but the devil is in the detail – empirical implementation. This column discusses a detailed quantitative study, incorporating analytical calculations, Monte Carlo simulations and results from observed data. It concludes that the Basel Committee has taken three and a half steps backwards and half a step forward. If implemented, the framework is likely to lead to less robust risk forecasts than current methodologies
| Item Type: | Website (Opinion Piece) |
|---|---|
| Official URL: | http://www.voxeu.org/ |
| Additional Information: | © 2015 The Author |
| Library of Congress subject classification: | H Social Sciences > HA Statistics H Social Sciences > HG Finance K Law > KZ Law of Nations |
| Sets: | Collections Departments > Finance Research centres and groups > Financial Markets Group (FMG) Research centres and groups > Systemic Risk Centre |
| Date Deposited: | 22 May 2015 11:31 |
| URL: | http://eprints.lse.ac.uk/62069/ |
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