Economics at your fingertips  

Interconnectedness and systemic risk: hedge funds, banks, insurance companies

Monica Billio () and Loriana Pelizzon ()

BANCARIA, 2014, vol. 6, 81-91

Abstract: The European financial market has an high degree of interconnectedness among hedge funds, banks, brokers and insurance companies, that can be used as an indicator to predict an emerging systemic crisis and its intensity.The relations are cross-country as well as cross-industry, with a primary role played, in the risk propagation, by hedge funds. For these reasons it is necessary to continue the trend of supervisory bodies aggregation and, for banks, insurance companies and other financial institutions, to integrate risk management models with connectivity indicators

JEL-codes: G21 G29 C51 (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations Track citations by RSS feed

Downloads: (external link) ... -insurance-companies (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

BANCARIA is currently edited by Bancaria Editrice - the publisher of the Italian Banking Association

More articles in BANCARIA from Bancaria Editrice
Bibliographic data for series maintained by Francesco Emiliano Tani ().

Page updated 2018-09-13
Handle: RePEc:ban:bancar:v:06:y:2014:m:june:p:81-91