What is tail-risk? Why have tail risks proved so difficult to manage?

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What is “tail-risk”? Why have tail risks proved so difficult to manage?

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Contemporary Financial Intermediation

ISBN: 9780124052086

4th Edition

Authors: Stuart I. Greenbaum, Anjan V. Thakor, Arnoud Boot

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Question Posted: Jan 17, 2024 03:00 AM

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What is tail-risk? Why have tail risks proved so difficult to manage?

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Tail risks are special risks that are capable of overwhelming the organization but their impact is ...View the full answer

Contemporary Financial Intermediation

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