Frontaler Blick auf das D4 Gebäude.

Brown Bag Seminar - Carlos Ramirez

27. August 2018

Wir freuen uns, für Montag 27. August 2018, ein Brown Bag Seminar mit Carlos Ramirez (Board of Governors of the Federal Reserve System) ankündigen zu können.

Carlos Ramirez

(Board of Governors of the Federal Reserve System) wird sein Paper "Regulating Complex Financial Networks" vorstellen.

Die Veranstaltung findet in Raum D4.0.019 von 12:00-13:00 statt.

Abstract: This paper argues that the complexity of modern financial systems can greatly reduce the ability of policymakers to improve investors' welfare. Under some conditions, policymakers may be incapable of preventing large cascading failures. In other cases, they can significantly improve investors' welfare by imposing restrictions on a small set of institutions. Importantly, the size of that set is jointly determined by the costs of restricting institutions, investors' attitudes towards risk and ambiguity, and the knowledge available to policymakers about the underlying structure of such systems.

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