Thursday, December 20, 2007
Thursday, December 13, 2007
Thursday, November 22, 2007
Tuesday, October 16, 2007
Wednesday, October 10, 2007
On Friday the 12th, from 11 AM to 1:30 PM, we have organised an interesting talk on the interplay of macroeconomic analysis and financial regulation.
The speaker is Sarah Carlson who works at the UK Financial Services Authority (FSA). She is the manager of the Global Risk & Risk Aggregation team which is responsible for carrying out FSA's macroeconomics research and analysis. The team produces risk-focused research and analysis of global and environmental risks across the whole range of FSA's activities. She was earlier an Asia economist and has a special interest in Asia.
Her talk is titled : Risk-based regulation in the UK: Where does macroeconomic analysis fit into the picture? She would be talking about the innovative ways in which the FSA integrates macro and market analysis into its supervisory work. She would also profile some of the tools that FSA has developed that help in obtaining unique insights into the ways in which developments in the real economy can affect the FSA's regulatory remit.
The venue is Committee Hall VI at IIC. It's on the first floor adjacent to the Rock Garden. The time is from 11 to 1:30. We look forward to seeing you there.
Friday, September 14, 2007
Wednesday, September 12, 2007
Exchange Rate Regime Analysis Using Structural Change Methods by Achim Zeileis, Ajay Shah, Ila Patnaik. The abstract reads:
Regression models for de facto currency regime classification are complemented by inferential techniques for tracking the stability of exchange rate regimes. Several structural change methods are adapted to these regressions: tools for assessing the stability of exchange rate regressions in historical data (testing), in incoming data (monitoring) and for determining the breakpoints of shifts in the exchange rate regime (dating). The tools are illustrated by investigating the Chinese exchange rate regime after China gave up on a fixed exchange rate to the US dollar in 2005 and to track the evolution of the Indian exchange rate regime since 1993.