Since the last financial crisis many new approaches have emerged in an attempt to explain it. Nevertheless, little has been said about the co-evolution of systemic risk and market behavior. A brief introduction to both theories will conduct through a better understanding of the patterns behind the crisis. A comparison between some systemic risk measures and the sentiment experienced by the market give raise to a statistical relationship.

Behavioral factors that trigger Systemic Risk

Serrano Triana, Christian Felipe
2015/2016

Abstract

Since the last financial crisis many new approaches have emerged in an attempt to explain it. Nevertheless, little has been said about the co-evolution of systemic risk and market behavior. A brief introduction to both theories will conduct through a better understanding of the patterns behind the crisis. A comparison between some systemic risk measures and the sentiment experienced by the market give raise to a statistical relationship.
2015-06-29
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/20.500.14247/16729