NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

The NBER Reporter 2012 Number 4: Books

The following three volumes may be ordered directly the University of Chicago Press Distribution Center, at
Telephone: 1-800-621-2736
Email: custserv@press.uchicago.edu

For more information on ordering and electronic distribution, see
http://www.press.uchicago.edu/Misc/Chicago/infopage.html

Quantifying Systemic Risk

Quantifying Systemic Risk, edited by Joseph Haubrich and Andrew Lo, will be available from the University of Chicago Press in January 2013.

In the aftermath of the recent financial crisis, the U.S. federal government has pursued significant regulatory reforms, including proposals to measure and monitor systemic risk. Still, there has been much debate about how this might be accomplished, both quantitatively and objectively, or whether it is even possible.

This NBER Conference Report looks at various ways to measure systemic risk and explores the challenges of tying regulations to specific quantitative measures of risk. It also considers the effects of learning and adaptation on the evolution of the market, and the distinction between shocks that start a crisis and those mechanisms that enable a crisis to worsen.

Joseph G. Haubrich is a vice president of and an economist at the Federal Reserve Bank of Cleveland. Andrew W. Lo is a Research Associate in the NBER's Program on Asset Pricing and the Charles E. and Susan T. Harris Group Professor of Finance, and director of the Laboratory for Financial Engineering, at MIT.

The volume is priced at $110.00.

 
Publications
Activities
Meetings
NBER Videos
Data
People
About

Support
National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us