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The Credit Crisis of 2007 and Its Implications for Risk Management

In: Global Asset Management

Author

Listed:
  • John Hull

    (University of Toronto)

Abstract

The risk management profession has come under a great deal of criticism since July 2007. How could it not have anticipated the meltdown in financial markets? Were the tools that it had developed in the previous 20 years worthless? Was it too focused on historical data and not taking enough account of changing market conditions?

Suggested Citation

  • John Hull, 2013. "The Credit Crisis of 2007 and Its Implications for Risk Management," Palgrave Macmillan Books, in: Michael Pinedo & Ingo Walter (ed.), Global Asset Management, chapter 5, pages 93-106, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-32887-8_5
    DOI: 10.1057/9781137328878_5
    as

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