Article ID Journal Published Year Pages File Type
5055197 Economic Modelling 2011 6 Pages PDF
Abstract
► Severity and average severity of operational losses are countercyclical. ► The frequency of operational losses is not related to unemployment. ► Unemployment has implications for fraud, negligence and legal action.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Operational risk as a function of the state of the economy
Authors
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