Against the Grain: The Wisdom of Countercyclical Capital

Abstract

Over the past two decades, capital regimes for financial intermediaries have evolved from simple, static estimates toward dynamic, risk-based methodologies that reflect the real nature, extent and mix of risks to which an organization is exposed. This evolution is undoubtedly a good thing, helping companies maintain capital in proper proportion to risk and, hopefully, stay solvent through extreme conditions.

Page
38-39
Year
2008
Keywords
Enterprise Risk Management
Categories
Actuarial Applications and Methodologies
Enterprise Risk Management
Publications
Risk Management: The Current Financial Crisis, Lessons Learned and Future Implications
Authors
Anson J. Glacy, Jr.
Formerly on syllabus
Off