"Measuring and Managing Systemic Risk" by Robert Engle

Robert Engle of New York University talks about systemic risk at the Conference on Systemic Risk and Data Issues.

[@mysillyusername]

you've got to love Bob Engle!

[@gmshadowtraders]

SmithBusinessSchool - Why film this without showing the slides for Prof Engle's presentation? Which genius did you put in charge for that day? I can see the genius briefly caught a glimpse of the projection screen right at the end, it must have come as a revelation.

[@zaidsserubogo261]

It's no nsense to claim managing risks by becoming the risk factor.

[@zaidsserubogo261]

Can private investors loose appetite to invest more and better? If yes, why? And what factors contribute to this? If no, why?and what factor contribute to it? The complexity of economic system is one of the most complicated problem we are still facing. But few focal points of managing economic risks can help us predict how systemic risks arise and how do we approach them? What risks are desirable and those that are undesirable leading to our first question. Considering for example that capitalism is a model of managing investment risks in a complex economic system. But the market system is the model of managing the risks with in promoting the efficiency of resource allocation, distribution and technical endowments of a complex economic systems. How again does deficiency arises leading financial crisis? The market is coordinated and regulated automatically through market feedbacks based on burgaining power of consumers, price mechanism, changes in demand and supply, and changes in consumption and productions. The funny thing is that; though the efficiency of market feed backs through out the the above factors is automatically micro, but the efficiency of market feedbacks thought out the above factors is structurally macro. This is where the government comes in to take up its responsibility of rectifying the deficiencies of market feed back which arise structurally and not those that arise automatically..... Only that the subject of structural economics has not been a politically good boy in market system...but the recent financial crisis gave us a good appetite for it in answering the question that was raised here on top of the post in trying to address the genesis if system risks from private investment apatite point of view