It’s not often that the International Institute for Applied Systems Analysis (IIASA) finds its way onto the pages of Securities Finance Monitor, but this particular report caught our attention. The paper, called “Basel III capital surcharges for G-SIBs are far less effective in managing systemic risk in comparison to network-based, systemic risk-dependent financial transaction taxes” was published in the Journal of Economic Dynamics and Control, hosted by the Department of Economics of the University of Missouri.
This content requires registration. Get access today by signing up here.
