Search: systemic risks
Did you mean
systemicrisk?
RBA Glossary definition for systemic risks
systemic risks – Events which may jeopardise financial system stability and cause harm to the real economy. For example, the Y2K problem was regarded as such a risk. They may include the risk that the failure of one participant in a payments system, or in financial markets generally, to meet their required obligations when due, will cause other participants or financial institutions to be unable to meet their obligations (including settlement obligations in a transfer system) when due. Such a failure may cause significant liquidity or credit problems.
Search Results
Trends in the Australian Banking System: Implications for Financial System Stability and Monetary Policy
1 Dec 2009
RDP
PDF
156KB
It discusses how they are likely to affect theprobability of a systemic event occurring, and discusses some implications formonetary policy. ... Foreign entrants have the potential to reduce the risk of systemic instabilitybecause they are diversified
https://www.rba.gov.au/publications/rdp/1999/pdf/rdp1999-05.pdf
Credit, Money, Interest and Prices
26 Nov 2018
Research Workshop
PDF
1403KB
It is never efficient to chosethe safe endowment because endowment risk is idiosyncratic. ... 5. idiosyncratic risk increases and output falls as this leads to misallocation across sectors and lessinvestment.
https://www.rba.gov.au/publications/workshops/research/2018/pdf/rba-workshop-2018-bigio.pdf
Financial Markets, Institutions and Liquidity
19 Dec 2013
Conferences
PDF
290KB
RBA Conference Volume 2013
https://www.rba.gov.au/publications/confs/2013/pdf/allen-carletti.pdf
Introduction to Monetary Policy and Financial Stability in a World of Low Interest Rates
18 Dec 2017
Conferences
PDF
4354KB
RBA Conference Volume 2017
https://www.rba.gov.au/publications/confs/2017/pdf/rba-conference-volume-2017-introduction.pdf
Heterogeneous Global Cycles ∗ Maryam Farboodi MIT Péter Kondor ...
2 Dec 2018
Research Workshop
PDF
3705KB
the interaction between risk-shifting incentives of banks and sovereigns (Farhi and Tirole, 2016),. ... technology to firms. All agents are risk neutral, and there is no discounting.
https://www.rba.gov.au/publications/workshops/research/2018/pdf/rba-workshop-2018-farboodi.pdf
Central Counterparty Loss Allocation and Transmission of Financial Stress
16 Mar 2015
RDP
PDF
1285KB
The reforms aim to reduce interconnectedness and improve counterparty risk management in these important markets. ... The need for sound risk management arrangements to address concentration risks is well recognised both by policymakers (Tucker 2011, 2014
https://www.rba.gov.au/publications/rdp/2015/pdf/rdp2015-02.pdf
Central Counterparty Links and Clearing System Exposures
2 Feb 2015
RDP
PDF
3395KB
Pirrong (2012) also warnsthat systemic risk could increase, noting that such fragmentation will increase. ... Both qualitative and quantitativeapproaches have been used to examine the effects of recent developments inmarket structure on collateralisation
https://www.rba.gov.au/publications/rdp/2013/pdf/rdp2013-12.pdf
New Financial Stability Governance and Central Banks
13 Dec 2017
Conferences
PDF
1022KB
RBA Conference Volume 2017
https://www.rba.gov.au/publications/confs/2017/pdf/rba-conference-volume-2017-edge-liang.pdf
Non-technical summary for 'Emergency Liquidity Injections'
8 Oct 2019
RDP
PDF
459KB
RDP 2019-10 non-technical summary
https://www.rba.gov.au/publications/rdp/2019/2019-10/rdp-2019-10-non-technical-summary.pdf
Financial Stability in a Low Interest Rate Environment: An Australian Case Study
10 Feb 2020
Conferences
PDF
1518KB
RBA Conference Volume 2017
https://www.rba.gov.au/publications/confs/2017/pdf/rba-conference-volume-2017-ellis-littrell.pdf