1、此文档是毕业设计外文翻译成品（ 含英文原文+中文翻译） ，无需调整复杂的格 式！下载之后直接可用，方便快捷！本文价格不贵,也就几十块钱！一辈子也就 一次的事！ 外文标题：The present and future of financial risk management 外文作者：Alexander Carol 文献出处:Journal of Financial Econometrics,2018, 3(1):3-25(如觉得年份 太老，可改为近 2 年，毕竟很多毕业生都这样做) 英文 4116 单词，26511 字符，中文 6691 汉字。 The present and future o
2、f financial risk management Abstract Current research on financial risk management applications of econometrics centres on the accurate assessment of individual market and credit risks with relatively little theoretical or applied econometric research on other types of risk, aggregation risk, data i
3、ncompleteness and optimal risk control. We argue that consideration of the model risk arising from crude aggregation rules and inadequate data could lead to a new class of reduced form Bayesian risk assessment models. Logically, these models should be set within a common factor framework that allows
4、 proper risk aggregation methods to be developed. We explain how such a framework could also provide the essential links between risk control, risk assessments and the optimal allocation of resources. Keywords: Financial risk assessment; risk control; RAROC; economic capital; regulatory capital; optimal allocation of resources. Introduction The role of risk management in financial firms has evolved far beyond the simple insurance of identified risks, to a discipline that centres on complex econo
