Radoslav Raykov

Radoslav Raykov is a Principal Economist in the Financial Stability Department at the Bank of Canada. His research focuses on financial stability and has been applied to systemic risk in the banking sector, central counterparties, insurance companies and the insurability of rare, high-impact events. Prior to joining the Bank of Canada, he worked at the Federal Reserve Bank of Boston and taught at Harvard University. He holds a B.A. from Harvard University a Ph.D. in Economics from Boston College.

Articles by Radoslav Raykov

Journal of Financial Market Infrastructures

Original research

Reducing margin procyclicality at central counterparties

This paper studies the effect of less procyclical margin models on cleared volumes and risk taking in a stylized CCP.

20 Dec 2018

オリジナル・リサーチ

Risk mutualization and financial stability: recovering and resolving a central counterparty

This paper investigates how financial market participants respond to risk mutualization implemented by a CCP using assessments after a large credit loss.

16 Feb 2018