Risky business: Finding the balance between financial stability and risk. Jon Danielsson. Modelsandrisk.org

Risky business: Finding the balance between financial stability and risk

July 24, 2015
It is important that we understand and do something about systemic risk. The problem is that we desire two incompatible things simultaneously: we wish the financial system to be safe; but we also want to finance risky economic activity.

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