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Systems and systemic risk in finance and economics

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  • Zigrand, Jean-Pierre

Abstract

This paper examines the concept of systemic risk and provides an intuitive account of the economic thought on systems and the development of the notion of systemic risk. It is illustrated by putting the ideas of system, systemic risk and endogenous risk in a historial perspective.

Suggested Citation

  • Zigrand, Jean-Pierre, 2014. "Systems and systemic risk in finance and economics," LSE Research Online Documents on Economics 61220, London School of Economics and Political Science, LSE Library.
  • Handle: RePEc:ehl:lserod:61220
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    File URL: http://eprints.lse.ac.uk/61220/
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    References listed on IDEAS

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    Cited by:

    1. Thimann, Christian, 2014. "How insurers differ from banks: a primer on systemic regulation," LSE Research Online Documents on Economics 61218, London School of Economics and Political Science, LSE Library.

    More about this item

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
    • G33 - Financial Economics - - Corporate Finance and Governance - - - Bankruptcy; Liquidation

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