Economic Capital

Table of Contents

Copyright

Acknowledgments

Introduction

Chapter 1. Measuring the Unexpected

1.1. What Is Economic Capital?

1.2. Expected and Unexpected Losses

1.3. Conceptual Issues with Economic Capital

1.3.1. Risk Versus Uncertainty

1.3.2. Coherent Risk Measures

1.4. Alternative Risk Measures

1.5. Conclusion

Chapter 2. Show Me the Money

2.1. A Round-up of Stakeholders

2.2. Ensuring Continuity

2.2.1. Why Do Financial Institutions Fail?

2.2.2. Economic Capital and Assessing Capital Adequacy

2.2.3. Economic Capital and Capital Management

2.2.4. Economic Capital and Risk Management

2.3. Optimizing Profitability

2.3.1. Economic Capital and Profitability Measures

2.3.2. Economic Capital and Performance Management

2.3.3. Economic Capital ...