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Debating the financial crisis: guessing or modelling?
    Friday July 13, 2012 4:00pm - 5:30pm @ The Liffey B

    This session discusses how science can help even on issues such as the financial crisis. It advocates the use of economic and financial models as valuable tools to gauge the collective impact of the proposed banking regulatory changes, and to ensure the overall consistency and thus efficacy of the complete package of measures.
    Financial models have been too often labelled as ‘bad’ tools, as they are associated with the idea of tools in the hands of speculators. But financial models, in proper hands, become a valuable tool for robust policy making.
    This session will contribute to the debate on the use of models for the reform of the banking system by presenting the point of views of the academic financial modellers, of the European Commission scientists who deploy models for policy impact assessment, and of practitioners from the banking industry.

     Financial Services Compensation Scheme, Lloyds Chambers...

    Joint Research Centre - Institute for the Protection and Security...

    Catholic University of Leuven, Belgium

    Joint Research Centre - Institute for the Protection and Security...

    Type Science Programme, Policy
    Host Organization European Commission - Joint Research Centre
  • Organiser Geraldine Barry
  • Tags SP45

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