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Last edited by Open Library Bot
December 5, 2010 | History

Sharing the risk of settlement failure 1 edition

Sharing the risk of settlement failure
Hiroshi Fujiki

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Sharing the risk of settlement failure
Hiroshi Fujiki, Edward J. Green, and Akira Yamazaki.

Published 1999 by Federal Reserve Bank of Minneapolis in [Minneapolis, Minn.] .
Written in English.

About the Book

"Two policies toward payments-system risk are common, but superficially appear to be contradictory. One policy is to restrict the exposure to risk generated by one participant to other participants who are, by one measure or another, directly concerned with the risky participant. The other policy is to provide a "safety net," typically provided by government and funded by taxes collected from all participants and even from non-participants, to share losses due to "systemic risk." In this paper, we provide a model in which both of these policies can be constituents of an economically efficient regime of payments-risk management"--Federal Reserve Bank of Minneapolis web site.

Edition Notes

Includes bibliographical references.
Title from abstract page as viewed on 1/5/2005.
"February 1999."
Also available in print.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.

Series
Working paper / Federal Reserve Bank of Minneapolis, Research Dept. ;, 594, Working paper (Federal Reserve Bank of Minneapolis : Online) ;, 594.

Classifications

Library of Congress
HB1

The Physical Object

Format
Electronic resource

ID Numbers

Open Library
OL3475663M
LC Control Number
2005615056

History Created December 10, 2009 · 2 revisions Download catalog record: RDF / JSON

December 5, 2010 Edited by Open Library Bot Added subjects from MARC records.
December 10, 2009 Created by WorkBot add works page