Essays on risk management and systematic risk

C.F. Silva Buston

Research output: ThesisDoctoral ThesisScientific

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Abstract

Through the creation of the Financial Stability Board (FSB), G20 members have committed to regulate the financial sector across the globe in order to enhance the resilience of the system. Two important points in this agenda are the regulation of OTC derivatives, such as Credit Default Swaps (CDS) and the regulation of Systemically Important Financial Institutions (SIFIs). The first two chapters of this thesis relate to the first point. These papers study the effects of the use of CDS at banks on banks' behavior and stability. The last chapter of the thesis addresses the second point. This chapter discusses the proper assessment of systemic risk, and the characteristics and performance of systemically important banks based on this assessment.
Original languageEnglish
QualificationDoctor of Philosophy
Awarding Institution
  • Tilburg University
Supervisors/Advisors
  • Wagner, Wolf, Promotor
Award date4 Nov 2013
Place of PublicationTilburg
Publisher
Print ISBNs9789056683665
Publication statusPublished - 2013

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Risk management
Systematic risk
Credit default swaps
Derivatives
Resilience
Financial sector
Financial stability
Systemic risk
Financial institutions
Agenda
Globe

Cite this

Silva Buston, C. F. (2013). Essays on risk management and systematic risk. Tilburg: CentER, Center for Economic Research.
Silva Buston, C.F.. / Essays on risk management and systematic risk. Tilburg : CentER, Center for Economic Research, 2013. 122 p.
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Silva Buston, CF 2013, 'Essays on risk management and systematic risk', Doctor of Philosophy, Tilburg University, Tilburg.

Essays on risk management and systematic risk. / Silva Buston, C.F.

Tilburg : CentER, Center for Economic Research, 2013. 122 p.

Research output: ThesisDoctoral ThesisScientific

TY - THES

T1 - Essays on risk management and systematic risk

AU - Silva Buston, C.F.

PY - 2013

Y1 - 2013

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AB - Through the creation of the Financial Stability Board (FSB), G20 members have committed to regulate the financial sector across the globe in order to enhance the resilience of the system. Two important points in this agenda are the regulation of OTC derivatives, such as Credit Default Swaps (CDS) and the regulation of Systemically Important Financial Institutions (SIFIs). The first two chapters of this thesis relate to the first point. These papers study the effects of the use of CDS at banks on banks' behavior and stability. The last chapter of the thesis addresses the second point. This chapter discusses the proper assessment of systemic risk, and the characteristics and performance of systemically important banks based on this assessment.

M3 - Doctoral Thesis

SN - 9789056683665

T3 - CentER Dissertation Series

PB - CentER, Center for Economic Research

CY - Tilburg

ER -

Silva Buston CF. Essays on risk management and systematic risk. Tilburg: CentER, Center for Economic Research, 2013. 122 p. (CentER Dissertation Series).