Risk Topography

Acknowledgments

Introduction
Markus Brunnermeier and Arvind Krishnamurthy

I. Measurement and Disclosure

1. Challenges in Identifying and Measuring Systemic Risk
Lars Peter Hansen

2. Regulating Systemic Risk through Transparency: Trade-Offs in Making Data Public
Augustin Landier and David Thesmar

II. Risk Exposures

3. Systemic Risk Exposures: A 10-by-10-by-10 Approach
Darrell Duffie

4. Remapping the Flow of Funds
Juliane Begenau, Monika Piazzesi, and Martin Schneider

5. Measuring Margin
Robert L. McDonald

6. A Transparency Standard for Derivatives
Viral V. Acharya

III. Liquidity and Leverage

7. Liquidity Mismatch Measurement
Markus Brunnermeier, Arvind Krishnamurthy, and Gary Gorton

8. Monitoring Leverage
John Geanakoplos and Lasse Heje Pedersen

IV. Financial Intermediation and Credit

9. Repo and Securities Lending
Tobias Adrian, Brian Begalle, Adam Copeland, and Antoine Martin

10. Improving Our Ability to Monitor Bank Lending
William F. Bassett, Simon Gilchrist, Gretchen C. Weinbach, and Egon Zakrajšek

11. The Case for a Credit Registry
Atif Mian

V. Household Sector

12. Monitoring the Financial Condition and Expenditures of Households
Robert E. Hall

13. LEADS on Macroeconomic Risks to and from the Household Sector
Jonathan A. Parker

14. Detecting “Bad” Leverage
Amir Sufi

VI. Corporate Sector

15. A Macroeconomist’s Wish List of Financial Data
V. V. Chari

VII. International Sector

16. Systemic Risks in Global Banking: What Available Data Can Tell Us and What More Data Are Needed?
Eugenio Cerutti, Stijn Claessens, and Patrick McGuire

Contributors
Author Index
Subject Index