Systemic risk is the risk of collapse of an entire financial system or entire market — as opposed to risk associated with any individual entity, group or component of the system. Systemic risk may arise from common risk exposures, counterparty risk, balance sheet contagion, fire sales or other contagion mechanisms.
This workshop will provide a forum for the exchange of ideas on state-of-the-art theoretical approaches and operational techniques for modeling, measuring and controlling systemic risk in the financial sector. Its main objective is to foster a dialogue between financial analysts, regulators and researchers in statistics, finance, actuarial science and quantitative risk management concerned with financial stability issues.
Students and postdoctoral fellows are encouraged to present a poster at the workshop. One poster session has been scheduled, as well as two sessions of short lightning talks, so that trainees can introduce themselves and their work to the entire audience.
Limited student travel grants are available. Apply early.