Archival articles

Vol. 103 (2015)

Regulacje a ocena ryzyka

Krzysztof Jajuga

Pages: 37 - 47

PDF (Język Polski)

Abstract

REGULATIONS AND RISK ASSESSMENT


The paper discusses financial regulations as a tool to manage financial risk. Except for the introduction to the economic theory of regulations and to risk, the paper contains a review of the so-called macroprudential regulations suitable to manage systemic risk. The last part of the paper discusses desirable directions for the regulations in the area of financial risk for two groups of participants in a financial system: an investor and a household.