[CvGmt News] avviso No Free Lunch Seminar Prof.ssa Youngna CHOI (09.01.2014)

valeria.giuliani at sns.it valeria.giuliani at sns.it
Tue Jan 7 10:07:41 CET 2014


NO FREE LUNCH SEMINAR

seminari di finanza quantitativa


    giovedì 9 gennaio 2014

ore 13.00

_Scuola Normale Superiore_

Pisa

(Aula Bianchi)

*__*

*/Youngna CHOI/*

/Montclair State University///

Terrà un seminario dal titolo:

*/"Financial Instability Contagion: /*

*/a Dynamical Systems Approach"/*

*//*

*//*

*/Abstract/*

//

/We build a multi-agent dynamical system for the global economy to 
investigate and analyze financial crises. The agents are large 
aggregates of a subeconomy, and the global economy is a collection of 
subeconomies. We use well-known theories of dynamical systems to 
represent a financial crisis as propagation of a negative shock on 
wealth due the breakage of a financial equilibrium. We first extend the 
frameworkof the market instability indicator, an early warning signal 
defined for a single economy as the spectral radius of the Jacobian 
matrix of the wealth dynamical system. Then, we formulatea quantitative 
definition of instability contagion in terms thereof. Finally, we 
analyze the mechanism of instability contagion for both single and 
multiple economies. Our contribution is to provide a methodology to 
quantify and monitor the level of instability insectors and stages of a 
structured global economic model and how it may propagatebetween its 
components./

//

*//*

*//*

Tutti gli interessati sono invitati a partecipare.

Classe di Scienze

-- 
--------------------------------------------------------------------------------
Valeria Giuliani
Scuola Normale Superiore
Servizio alla Didattica e Allievi
Tel. 050-509260
Piazza dei Cavalieri, 7
56126 Pisa
E-Mail: v.giuliani at sns.it
E-Mail: classi at sns.it
  
Le informazioni contenute nella presente e-mail e nei relativi allegati possono essere riservate e sono, comunque, destinate esclusivamente al destinatario in indirizzo.
E' vietata, pertanto, la diffusione, distribuzione e/o copiatura di tali informazioni da parte di qualsiasi soggetto diverso dal destinatario.
Chiunque abbia ricevuto o letto questa e-mail per errore o senza esserne legittimato è invitato a darne immediatamente notizia  al mittente tramite fax o e-mail e a distruggerla.
Grazie.
  

-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://cvgmt.sns.it/pipermail/news/attachments/20140107/737c638a/attachment-0001.html>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: Choi_09_01_14.pdf
Type: application/pdf
Size: 140452 bytes
Desc: not available
URL: <http://cvgmt.sns.it/pipermail/news/attachments/20140107/737c638a/attachment-0001.pdf>


More information about the News mailing list