讲座题目： Macroprudential approach to enhancing financial network stability

主讲人：Irena Vodenska （Boston University）

讲座时间：2019年4月1日（周一）10：00-11：00

讲座地点：商学院大楼318室

邀请部门：金融学系、金融工程研究所

 

讲座概要：

The stability of the banking system and macro-prudential regulation are essential for healthy economic growth. In this paper we study the European bank network and its vulnerability to stressing different bank assets by analyzing a bipartite network constructed as in. The findings in this paper imply that a micro-prudential approach to regulation needs to be supplemented by macro-prudential supervision of the banking system, especially in a crisis situation with increased risk perceptions and nervous actors. Our results underscore the importance of macro-prudential policy which aims to address the inherent vulnerability of the financial system, high level of leverage, inter connectivity of system’s entities, similar risk exposure of financial institutions, and susceptibility to systemic crisis propagation through the system.  

报告人简介：

Irena Vodenska, PhD, CFA, Associate Professor of Finance at Boston University.

Dr. Vodenska is an expert in international finance and investments, with more than fifteen years of hands-on experience in financial analysis and securities trading on Wall Street and European markets. She is a Chartered Financial Analyst with experience in creating and actively managing hedge funds, specializing in risk arbitrage and convertible fixed-income securities. Vodenska has broad experience in academic teaching and corporate training, and her research interests include statistical finance and applications of quantitative methods in financial modeling.