Tamaño y Riesgo en los Mercados Financieros

Estrada, Fernando (2009): Tamaño y Riesgo en los Mercados Financieros. Forthcoming in: Cuadernos CIPE

Abstract

This paper examines relationships between size and risk in financial markets. Based on the work of Makridakis / Taleb [2009] and Taleb / Tapiero [2009], presents the problems of excessive risk and imbalances caused by the size of firms. Markets mixed on firm growth traps externalities can influence risk, high-cost for the commons. A policy of regulation and control in markets, while necessary, are still insufficient in economies with little institutional support. Externalities of risk and firm size categories are fundamental to understanding the present financial crisis since the economies of scale.

• Item Type: MPRA Paper
• English Title: Size and Risk in the Finanzal Markets
• Language: Spanish
• Keywords: Financial Markets, Economic Crisis, Size, Risk, Economies of Scale,
• Subjects: F - International Economics > F3 - International Finance > F37 - International Finance Forecasting and Simulation: Models and Applications; G - Financial Economics > G3 - Corporate Finance and Governance > G32 - Financing Policy ; Financial Risk and Risk Management ; Capital and Ownership Structure ; Value of Firms ; Goodwill; E - Macroeconomics and Monetary Economics > E4 - Money and Interest Rates > E44 - Financial Markets and the Macroeconomy; G - Financial Economics > G3 - Corporate Finance and Governance > G33 - Bankruptcy ; Liquidation; F - International Economics > F3 - International Finance > F36 - Financial Aspects of Economic Integration

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