Banking, financial markets, and systemic risk

Part 1 Overview of systemic risk: fundamentals of systemic risk, Philip J. Bartholomew and Gary W. Whalen systemic risk and the macroeconomy, Anna J. Schwartz comment on systemic risk, Frederic S. Mishtin comment on systemic risk, George G. Kaufman. Part 2 Sources and consequences of system risk: systemic risk - bank deposits and credit, Robert A. Eisenbeis payment and settlement systems- trends and risk management, Claudio Borio derivatives and systemic risk - issues, views and analysis, Robert J. Mackay comment on sources of risk, James R. Barth. Part 3 Transnational aspects: international aspects of systemic risk, Morris Goldstein systemic risk when depositors bear losses - five case studies, Herbert Baer and Daniela Klingbiel comment on transnational aspects, Daniel E. Nolle. Part 4 Addressing systemic risk: is systemic risk dead?, Richard S. Carnell systemic risk and the regulatory agencies, Susan M. Phillips regulatory responses to the potential for systemic risk in the financial sector, Mark J. Flannery missing entailments in public-policy definitions of systemic risk, Edward J. Kane. Part 5 Keynote address: rethinking systemic risk, Eugene A. Ludwig.