The Risks of Financial Institutions.

• Position: Bureau Books

The Risks of Financial Institutions, edited by Mark Carey and Rend M. Stulz, is available from the University of Chicago Press for $99.00. This NBER Conference Report examines the various risks affecting financial institutions and explores a variety of methods for helping institutions and regulators to more accurately measure and forecast risk. The contributors--academics, regulators, and bankers--bring a wide range of perspectives and experience to the issue. The result is a volume that points a way toward greater financial...