Asset Commonality and Systemic Risk Among Large Banks in the United States by U.

Description: Asset Commonality and Systemic Risk Among Large Banks in the United States by U.S. Department of the Treasury Estimated delivery 3-12 business days Format Paperback Condition Brand New Description In this book, we present a compellingly simple yet innovative approach to capturing the buildup of systemic risk associated with commonalities in banks asset holdings. We draw on a growing strand of theoretical literature that studies the systemic externalities of banks balance sheet asset side allocations. By applying data aggregation and clustering techniques to publically available balance sheet data, we uncover interesting patterns in the asset holdings of the major bank holding companies in the United States during the years 2001-2013. We augment our findings with theoretical analysis and insight. Based on our analysis, we construct a novel measure of systemic risk, ACRISK, where AC stands for asset commonality. This measure captures well the buildup of systemic risk that culminated in the global credit crisis, and provides empirical support to the asset commonality theoretical notions. Details ISBN 1507563493 ISBN-13 9781507563496 Title Asset Commonality and Systemic Risk Among Large Banks in the United States Author U.S. Department of the Treasury Format Paperback Year 2015 Pages 30 Publisher Createspace Independent Publishing Platform GE_Item_ID:93411085; About Us Grand Eagle Retail is the ideal place for all your shopping needs! With fast shipping, low prices, friendly service and over 1,000,000 in stock items - you're bound to find what you want, at a price you'll love! Shipping & Delivery Times Shipping is FREE to any address in USA. Please view eBay estimated delivery times at the top of the listing. Deliveries are made by either USPS or Courier. We are unable to deliver faster than stated. International deliveries will take 1-6 weeks. NOTE: We are unable to offer combined shipping for multiple items purchased. This is because our items are shipped from different locations. Returns If you wish to return an item, please consult our Returns Policy as below: Please contact Customer Services and request "Return Authorisation" before you send your item back to us. Unauthorised returns will not be accepted. Returns must be postmarked within 4 business days of authorisation and must be in resellable condition. Returns are shipped at the customer's risk. We cannot take responsibility for items which are lost or damaged in transit. For purchases where a shipping charge was paid, there will be no refund of the original shipping charge. Additional Questions If you have any questions please feel free to Contact Us. Categories Baby Books Electronics Fashion Games Health & Beauty Home, Garden & Pets Movies Music Sports & Outdoors Toys

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