top of page
Rechercher
Photo du rédacteurHélène Dufour

Fat Tails and Asymmetric Time Horizons: Dealing With Systemic Climate-Related Uncertainty

"Even pioneering forward-looking stress tests cannot feasibly capture all possible tail risks. We propose supplementing the existing capital requirements regime by giving it a stronger precautionary and macroprudential focus, paying particular attention to the prevention of environmental tipping points to avoid systemic and catastrophic impacts on the financial system and macroeconomy."



Posts récents

Voir tout

Comments


bottom of page