金融系统性风险是业界, 学界及监管机构关注的焦点. 本次金融危机的爆发更加凸显了对系统性
风险进行衡量和监管的重要性. 本文回顾了国际上对系统性风险衡量的最新研究成果 …

Prices and liquidity on distributed dealer markets are known to market participants but not to
external observers. Hence, the strategy of polling" n" respondents, coupled with data …

Concerns about sampling noise arise when a VIX estimator is computed by aggregating
several imprecise implied volatility estimates. We propose a bootstrap strategy to measure …

The traditional focus in debt market development has been to obtain a liquid market for
interest rate products which yields the rate of time preference for various maturities. Often it …