We will survey recent developments dealing with characterization of absolutely almost simple algebraic groups having the same isomorphism/isogeny classes of maximal tori over the field of definition. These questions arose in the analysis of weakly commensurable Zariski-dense subgroups. While there are definitive results over number fields (which we will briefly review), the theory over general fields is only emerging. We will formulate the existing conjectures, outline their potential applications, and report on recent progress. Joint work with A. Rapinchuk and I. Rapinchuk.
The Economics and Mathematics of Systemic Risk and Financial Networks
Abstract:
The recent financial crisis has made obvious the need for models of financial stability. These three lectures will cover recent advancements in the modeling of crisis episodes, with particular emphasis on the use of continuous-time methods which make these models more tractable. Useful background reading includes the following
The Economics and Mathematics of Systemic Risk and Financial Networks
Abstract:
The recent financial crisis has made obvious the need for models of financial stability. These three lectures will cover recent advancements in the modeling of crisis episodes, with particular emphasis on the use of continuous-time methods which make these models more tractable. Useful background reading includes the following
The Economics and Mathematics of Systemic Risk and Financial Networks
Abstract:
The recent financial crisis has made obvious the need for models of financial stability. These three lectures will cover recent advancements in the modeling of crisis episodes, with particular emphasis on the use of continuous-time methods which make these models more tractable. Useful background reading includes the following
The Economics and Mathematics of Systemic Risk and Financial Networks
Abstract:
These lectures will cover two topics. The first is contingent capital in the form of debt that converts to equity when a bank
nears financial distress. These instruments offer a potential solution to the problem of banks that are too big to fail by
providing a credible alternative to a government bail-out. Their properties are, however, complex. I will discuss models for the analysis of contingent capital with particular emphasis on their incentive effects and the design of the conversion trigger. The second topic in these lectures is the problem of quantifying contagion and amplification in financial networks. In particular, I will focus on bounding the potential impact of network effects under the realistic condition that detailed information on the structure of the network is unavailable
The Economics and Mathematics of Systemic Risk and Financial Networks
Abstract:
The lender of last resort: An analysis of the economics and politics of banking crises, and episodes of bail-outs of
failing financial institutions.
Rochet Vives (2004) “The Lender of last Resort: was Bagehot right after all?” JEEA, 6, 1116-1147, reprinted in Rochet J.C. (2008) “Why are there so many banking crises?, Princeton University Press, chapter 2