Zarządzanie ryzykiem systemu finansowego. Perspektywa poznawcza
This article argues that in order to manage systemic risk, we need more sophisticated and realistic cognitive framework through which to analyse its dynamics and costs. We used macroprudential and microprudential policy to manage explicit systemic risk. Systemic risk is a propagation risk, where s...
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| Format: | Article |
| Language: | English |
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Wydawnictwo Naukowe Wydziału Zarządzania Uniwersytetu Warszawskiego
2015-10-01
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| Series: | Problemy Zarządzania |
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| Online Access: | https://pz.wz.uw.edu.pl/resources/html/article/details?id=169482 |
| _version_ | 1811242751970246656 |
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| author | Jan K. Solarz |
| author_facet | Jan K. Solarz |
| author_sort | Jan K. Solarz |
| collection | DOAJ |
| description | This article argues that in order to manage systemic risk, we need more sophisticated and realistic
cognitive framework through which to analyse its dynamics and costs. We used macroprudential and
microprudential policy to manage explicit systemic risk. Systemic risk is a propagation risk, where shocks
spread in time and across sectors. Whilst there are no easy answers, employing this conception of
systemic risk management provides an alternative cognitive framework.
The narrative approach developed in this article has two dimensions: theoretical tradition in economics
(political economics, mathematical economics, institutional economics) and key concepts (rent-seeking,
external costs, complexity, nano-finance). To that end, the article develops a social conception of systemic
risk, drawing on institutionalist theories. |
| first_indexed | 2024-04-12T13:56:47Z |
| format | Article |
| id | doaj.art-3e3058974aaa46ac8456669ebe9ecf5e |
| institution | Directory Open Access Journal |
| issn | 1644-9584 2300-8792 |
| language | English |
| last_indexed | 2024-04-12T13:56:47Z |
| publishDate | 2015-10-01 |
| publisher | Wydawnictwo Naukowe Wydziału Zarządzania Uniwersytetu Warszawskiego |
| record_format | Article |
| series | Problemy Zarządzania |
| spelling | doaj.art-3e3058974aaa46ac8456669ebe9ecf5e2022-12-22T03:30:21ZengWydawnictwo Naukowe Wydziału Zarządzania Uniwersytetu WarszawskiegoProblemy Zarządzania1644-95842300-87922015-10-01133(55) t.23046DOI:10.7172/1644-9584.55.3Zarządzanie ryzykiem systemu finansowego. Perspektywa poznawczaJan K. Solarz0Społeczna Akademia NaukThis article argues that in order to manage systemic risk, we need more sophisticated and realistic cognitive framework through which to analyse its dynamics and costs. We used macroprudential and microprudential policy to manage explicit systemic risk. Systemic risk is a propagation risk, where shocks spread in time and across sectors. Whilst there are no easy answers, employing this conception of systemic risk management provides an alternative cognitive framework. The narrative approach developed in this article has two dimensions: theoretical tradition in economics (political economics, mathematical economics, institutional economics) and key concepts (rent-seeking, external costs, complexity, nano-finance). To that end, the article develops a social conception of systemic risk, drawing on institutionalist theories.https://pz.wz.uw.edu.pl/resources/html/article/details?id=169482systemic riskinstitutionsmodelscognitive finance |
| spellingShingle | Jan K. Solarz Zarządzanie ryzykiem systemu finansowego. Perspektywa poznawcza Problemy Zarządzania systemic risk institutions models cognitive finance |
| title | Zarządzanie ryzykiem systemu finansowego. Perspektywa poznawcza |
| title_full | Zarządzanie ryzykiem systemu finansowego. Perspektywa poznawcza |
| title_fullStr | Zarządzanie ryzykiem systemu finansowego. Perspektywa poznawcza |
| title_full_unstemmed | Zarządzanie ryzykiem systemu finansowego. Perspektywa poznawcza |
| title_short | Zarządzanie ryzykiem systemu finansowego. Perspektywa poznawcza |
| title_sort | zarzadzanie ryzykiem systemu finansowego perspektywa poznawcza |
| topic | systemic risk institutions models cognitive finance |
| url | https://pz.wz.uw.edu.pl/resources/html/article/details?id=169482 |
| work_keys_str_mv | AT janksolarz zarzadzanieryzykiemsystemufinansowegoperspektywapoznawcza |