The financial asset regulation: a new theoretical framework based on Mean field Analysis

نویسندگان

  • Daniele Manini
  • Paola Pisano
  • Marco Pironti
  • Marco Gribaudo
چکیده

This paper aims to propose a new form of financial market regulation based on the visibility of the risk rate of financial products. The applicability of this framework is studied by exploiting a Mean Field Analysis model that allows to intuitively describe systems characterized by a large number of interacting objects. A qualitative result is illustrated in order to show how the visibility of the asset risk limits the liquidity problematic in presence of financial crisis. Keywords-component; toxic asset, liquidity crisis, visibility, Main Field Analysis

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Optimizing Financial Asset Pricing Using Quantitative Behavioral Bias Measurement

Optimization of pricing financial assets less an emerging discipline that attempts to model the impact of biases that investors in asset prices. This article provides an overview of the theoretical foundations and challenges and offers some solutions in this field. The paper is divided into two parts. In the first part of the paper, an overview of the selected literature is presented on key the...

متن کامل

Effect of Asset and Liability management on Liquidity risk of Iranian Banks

In financial markets, the main component of risk management is liquidity risk. Asset and Liability Management (ALM) strategy is concerned with managing all risks. Asset and liability management seeks to manage liquidity risk, which refers to both the liquidity of markets and which assets can be translated into cash. The liquidity is importantly affected by the management of banks’ balance sheet...

متن کامل

Income from Asset sales, Earnings Change, and Leverage

Due to the fact that assets are recorded at their historical value and they may include unrealized gains (losses), managers may manipulate earnings through the sale of these assets and provide financial information which is not accurate and reliable. The aim of this study is to investigate the relationship between income from asset sales, earnings change and leverage of companies listed on Tehr...

متن کامل

The relationship between Structural risk and Expected return of sukuk

Sukuk is the most important Islamic financial securities designed based on Islamic laws, and the relationship between risk and return is the most basic concept in Islamic finance. The results of examining and comparing the similarities between bonds and sukuk show that the most important difference between these two financing tools is the type of asset backed by sukuk and the type of asset cont...

متن کامل

A New Policy Environment to Achieve Monetary Goals

Monetary environment as the core of financial system has been functionally designed in light of the new set of extensive goals including financial stability, sustainable noninflationary growth, external sustainability, and price stability. A comprehensive monetary policy framework is proposed for Iran which systematically include the new goals, stance variables, instruments, transmission mechan...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

عنوان ژورنال:

دوره   شماره 

صفحات  -

تاریخ انتشار 2011