NOMISMA SCHOLA
Read the textbooks TextbooksRoutesColumnFilms & narration
Go deeper by course Courses
Verify with the coins CoinsGlossarySourcesPractice
Think with the patterns Patterns
About the school Start hereFacultyContactThe discipline
Admissions Sign in

Language
SOURCE ROOM

What is systemic risk?

Bank of Japan (Tell me! Nichigin)

Claims Supported by This Source

  1. Systemic risk = The risk that the failure of an individual financial institution to meet its payment obligations, or a disruption in a market or settlement system, could spread to other parts of the financial system.
  2. A non-payment at one location spreads like a domino effect through the settlement network (example of 10 billion yen).

How to read the verification levels. "Read Through" means the source was read in its entirety. "Bibliography & Abstract Read" means the bibliographic information and abstract were confirmed. "Via Course Material" means the source was referenced through the textbook or course text. The "Text Hash" is the SHA-256 of the main text from the publisher's page, excluding tags and whitespace, used to detect if the source has been modified.