{"product_id":"the-models-of-measure-of-systemic-risk-von-abdelkader-derbali-lamia-jamel","title":"The models of measure of systemic risk","description":"\u003cp\u003eIn this book, we presented the four systemic risk measures developed in the financial literature. These measures are expected marginal loss (Marginal Expected Shortfall: MES) and the expected systemic loss (Systemic Expected Shortfall: SES), the measurement of systemic risk (SRISK) and Delta Conditional Value-at-Risk (¿CoVaR). From the theoretical development of these models, we presented a synthesis of specific features of each measure. This synthesis has enabled us to develop a common framework to measure systemic risk. We showed theoretically, most of the variability of these three systemic measures can be obtained by measuring the market risk and the company's characteristics.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783330015678\"\u003e\u003ch3\u003e\u003c\/h3\u003e\u003c\/div\u003e","brand":"Libri","offers":[{"title":"Softcover - 9783330015678","offer_id":39419951972445,"sku":"9783330015678","price":35.9,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/8d5aa0d8-1082-47ce-8e2e-76e182165369.jpg?v=1775794884","url":"https:\/\/shop.autorenwelt.de\/products\/the-models-of-measure-of-systemic-risk-von-abdelkader-derbali-lamia-jamel","provider":"Autorenwelt Shop","version":"1.0","type":"link"}