Conferences on financial networks in May

Risk Europe 2010 (Frankfurt, 25-28 May) will have a seminar on “Using financial network models for counterparty risk analysis: from micro to macro” by Olli Castren (European Central Bank) and a session on “Using network theory to assess systemic risk” presented by me. Risk Europe is the Risk Magazines annual flagship event and carries this year the theme of “Navigating regulatory reform and reduced liquidity in a changing landscape”.

IMF organizes a conference on “Operationalizing Systemic Risk Monitoring” (Washington DC, 26-28 May). The conference will bring together policy makers, industry and academia to discuss new approaches for identifying systemically important institutions, and for measuring and modeling systemic risk. The conference will have one day devoted to the use of network analysis for assessing systemic risk (see IMF report in previous post). I will participate in a panel session together with Sheri Markose and Rama Cont on “How to Measure Systemic Interconnectedness – Network Perspectives”.

Also on the same week Deutsche Bundesbank is organizing a workshop on “Interconnectedness of Financial Institutions: Microeconomic Evidence, Aggregated Outcomes, and Consequences for Economic Policy” (Frankfurt, 26 May) to discuss the consequences of changes in the financial system and in particular of a greater degree of interconnectedness of financial institutions.