Economies with Financial Frictions: A Continuous Time Approach 3
Speaker: Yuliy Sannikov
Date: Fri, Jul 25, 2014
Location: PIMS, University of British Columbia
Conference: The Economics and Mathematics of Systemic Risk and Financial Networks
Subject: Mathematics, Econometrics, Applied Mathematics
Class: Scientific
Date: Fri, Jul 25, 2014
Location: PIMS, University of British Columbia
Conference: The Economics and Mathematics of Systemic Risk and Financial Networks
Subject: Mathematics, Econometrics, Applied Mathematics
Class: Scientific
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
