Systemic risk and the organization of the financial system: overview
Purpose Before providing an overview of the conference with the above title and this Special Issue, this paper aims to present a view of the meaning of systemic risk, factors that affect systemic risk and measures of systemic risk. Thereafter, the conference presentations and the papers in this issue are summarized. Design/methodology/approach Characteristics and measures of systemic risk are reviewed. Conference papers and presentations are summarized. Findings While some aspects of systemic risk of a financial institution can be measured, an important aspect associated with contagion through markets is not easily captured by simple measures. Originality/value The conference and the papers in this issue contribute to the policy debate about sources and characteristics of systemic risk.