| Purdue Computational Finance Program | |
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Contemporary Issues in Risk Management: Measurement, Management, and Macroeconomic Implications
April 10, 2002
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Abstract:
In this talk a wide ranging practical review is given of the key lessons that banking and financial markets regulators and policy makers have learned regarding the practice of risk management over the past couple of decades. Topics to be covered include: the desirability of integrated risk management structures at the firm level, the need for better quantitative measures of risk, the need for risk measurement methodogies that are capable of accounding for the shocks that characterize real world financial markets, the implications of derivatives for the efficacy of countercyclical monetary policy, and the impact of rapid advances in information processing technology and financial engineering on transparency, disclosure, and regulation of financial markets. |
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2002 Purdue University Last Update: Apr 1, 2002 Please send comments and suggestions to the Webmaster. |