Tamaño y Riesgo en los Mercados Financieros

Size and Risk in the Finanzal Markets

Fernando Estrada

MPRA Paper from University Library of Munich, Germany

Abstract: This paper examines relationships between size and risk in financial markets. Based on the work of Makridakis / Taleb [2009] and Taleb / Tapiero [2009], presents the problems of excessive risk and imbalances caused by the size of firms. Markets mixed on firm growth traps externalities can influence risk, high-cost for the commons. A policy of regulation and control in markets, while necessary, are still insufficient in economies with little institutional support. Externalities of risk and firm size categories are fundamental to understanding the present financial crisis since the economies of scale.

Keywords: Financial Markets; Economic Crisis; Size; Risk; Economies of Scale (search for similar items in EconPapers)
JEL-codes: E44 F36 F37 G32 G33 (search for similar items in EconPapers)
Date: 2009-12-12
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:19267

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