Category Archives: Systemic Risk

Professors Robert Engle & Viral Acharya Warn that European Stress Test Risk Measures are Flawed

On the release of the US Fed’s latest bank stress tests, NYU Stern School of Business Nobel Laureate Robert Engle and Professor of Finance Viral Acharya warn that European regulators’ stress tests miscalculate the amount of systemic risk banks will … Continue reading

Posted in Market Risk, NYU Stern, Regulatory Risk, Systemic Risk | Tagged , , , , , | Leave a comment

Professor Viral Acharya on Fire-Sale Risk in Financial Markets

The following is an excerpt from Bloomberg Businessweek: Wall Street’s biggest firms are close to agreeing on a plan that would safeguard the financial markets from the crippling fire sales that engulfed Lehman Brothers Holdings Inc. and Bear Stearns Cos. … Continue reading

Posted in NYU Stern, Systemic Risk | Tagged , , , | Leave a comment

Professor Nouriel Roubini Discusses Political Uncertainty in Emerging Markets

The following is an op-ed titled “Emerging-Market Risk and Reward” by NYU Stern Professor Nouriel Roubini: One definition of an emerging-market economy is that its political risks are higher, and its policy credibility lower, than in advanced economies. After the … Continue reading

Posted in NYU Stern, Sovereign Risk, Systemic Risk | Tagged , , , | Leave a comment

NYU Stern Prof. Nouriel Roubini on Emerging Markets

The following is an excerpt from CNBC: While the “Fragile Five” – India, Indonesia, Brazil, Turkey and South Africa – have been among the hardest hit amid the turmoil in emerging markets, famed economist Nouriel Roubini says the threat of … Continue reading

Posted in NYU Stern, Sovereign Risk, Systemic Risk | Tagged , , , | Leave a comment

NYU Stern Prof. Lawrence White on Secondary Mortgage Markets

The following is an excerpt from The New York Times:  The president’s State of the Union address on Tuesday provided a glimmer of hope for those looking for action to revamp America’s mortgage system. In a brief nod in the … Continue reading

Posted in NYU Stern, Structured Finance, Systemic Risk | Tagged , , , | Leave a comment

Michael Spence: The Real Challenges to Growth

The following is an op-ed written by NYU Stern Professor and Nobel Laureate in Economics, Michael Spence, published in Project Syndicate: MILAN – Advanced economies’ experience since the 2008 financial crisis has spurred a rapidly evolving discussion of growth, employment, … Continue reading

Posted in Market Risk, NYU Stern, Systemic Risk | Tagged , , , | Leave a comment

MSRM Class of 2013 Capstone Published by Financial Markets, Institutions and Instruments – NYU Salomon Center

A Capstone paper by Venetia Woo, Wilfrid Xoual,  and Bharat Chelluboina of the MS in Risk Management Class of 2013 was published by Financial Markets, Institutions and Instruments – NYU Salomon Center. The Effectiveness of the Regulatory Stress Testing Disclosure … Continue reading

Posted in MS in Risk Management Program, NYU Stern, Systemic Risk | Tagged , , | Leave a comment

MSRM Alumna, Yvette Connor, Named One of the Twenty Five “Women to Watch” by Business Insurance Magazine

NYU Stern Master of Science in Risk Management Class of 2013 student, Yvette Connor, was named one of the twenty five “Women to Watch” by this year’s Business Insurance magazine.  This award recognizes women who are doing outstanding work in … Continue reading

Posted in MS in Risk Management Program, Systemic Risk | Tagged | Leave a comment

Prof. and Nobel Laureate Rob Engle’s Volatility Lab is Promoted on FT

The following is an excerpt from a FT blog entry entitled “Computing the bill for European taxpayers, come the next crisis.” “Eric Dor of the IESEG School of Management in Paris, whose previous work includes A User’s Guide to Leaving the … Continue reading

Posted in Market Risk, NYU Stern, Sovereign Risk, Systemic Risk | Tagged , , , , , | Leave a comment

Lehman Was Not Alone – Measuring Systemic Risk in the 2008 Crisis

The following is an op-ed posted on the “Institute for New Economic Thinking” by NYU Stern Professor and Nobel Laureate Rob Engle On September 15, 2008, Lehman Brothers filed for bankruptcy and ushered in the worst part of the recent … Continue reading

Posted in Market Risk, NYU Stern, Systemic Risk | Tagged , , | Leave a comment