Total systemic risk statistics

arxiv(2020)

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摘要
Systemic risk is a critical factor not only for financial markets but also for risk management. In this paper, we consider a special class of risk statistics, named total systemic risk statistics. Our result provides a new approach for dealing with systemic risk. By further developing the properties related to total systemic risk statistics, we are able to derive dual representation for such risk.
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关键词
statistics,risk
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