系统风险(Systemic risk)

目录

系统风险的定义

系统风险是指当整个系统出现失效或倒闭的风险。
在金融领域中,系统风险被称呼为金融系统不稳定,其原因是出现一些特殊事件,导致情况不断恶化而最终出现灾难性结果。 最近的研究表明,系统风险可以用市场指数相互关系来定量描述。
金融领域的系统风险指整个金融系统或整个市场崩溃的风险,而不是与系统中任何一个实体、集团或组成部分相关的风险,这些风险可以在不损害整个系统的情况下包含在其中。
In finance, systemic risk is the risk of collapse of an entire financial system or entire market, as opposed to risk associated with any one individual entity, group or component of a system, that can be contained therein without harming the entiresystem. It can be defined as "financial system instability, potentially catastrophic, caused or exacerbated by idiosyncratic events or conditions in financial intermediaries". It refers to the risks imposed by interlinkages and interdependencies in a system or market, where the failure of a single entity or cluster of entities can cause a cascading failure, which could potentially bankrupt or bring down the entire system or market. It is also sometimes erroneously referred to as "systematic risk".

系统风险与系统性风险的区别

系统性风险常常与系统风险混淆。