@article{Redak_2011, place={Berlin, DE}, title={Europe’s next model: Zur Bedeutung von Risikomessmodellen in Finanzmarktlehre, -aufsicht und -industrie}, volume={41}, url={https://prokla.de/index.php/PROKLA/article/view/8}, DOI={10.32387/prokla.v41i164.8}, abstractNote={<p>Vanessa Redak: Europe’s next model: The impact of risk measurement on finance theory,<br>regulatory practice and industry behaviour. The importance of Finance theory and risk<br>modelling has dramatically increased over the past decades in academic life, banks and the<br>finance industry, and in regulatory and supervisory bodies. This increase not only nurtured<br>the somewhat illusory belief that risk is measurable but also changed the lending behaviour<br>of banks and the funding function of financial intermediaries with potential ample effects<br>on the accumulation process.</p>}, number={164}, journal={PROKLA. Zeitschrift für kritische Sozialwissenschaft}, author={Redak, Julia}, year={2011}, month={Sep.}, pages={447 – 458} }