Jean Charles Rochet: 3 books
When Insurers Go Bust
An Economic Analysis of the Role and Design of Prudential Regulation
Language: English
Release Date: April 11, 2009
In the 1990s, large insurance companies failed in virtually every major market, prompting a fierce and ongoing debate about how to better protect policyholders. Drawing lessons from the failures of four insurance companies, When Insurers Go Bust dramatically advances this debate by arguing that the...
Balancing the Banks
Global Lessons from the Financial Crisis
Language: English
Release Date: April 19, 2010
The financial crisis that began in 2007 in the United States swept the world, producing substantial bank failures and forcing unprecedented state aid for the crippled global financial system. Bringing together three leading financial economists to provide an international perspective, Balancing the...
by Gilles Beneplanc, Jean-Charles Rochet
Language: English
Release Date: August 5, 2011
Language: English
Release Date: August 5, 2011
The subprime crisis has shown that the sophisticated risk management models used by banks and insurance companies had serious flaws. Some people even suggest that these models are completely useless. Others claim that the crisis was just an unpredictable accident that was largely amplified by the...