Carey, Mark S. (contributor); Stulz, René M. (contributor) - 2005
bottom up, starting at the level of
individual positions, business units and individual trading desks. As a result, risk … model than market risk. Much of the
important variation is at relatively low business-cycle frequencies and data are … (2002).
14
2.2 Still early days: Liquidity, strategic, and business risk
Taken together, do market, credit and …