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Dr.Jiayin Hu: Regulating Shadow Banks: Financial Innovation versus Systemic Risk

Publish Date: 2018/12/23 14:57:59    Hits:

On 20 December, 2018, we welcomed the speaker Dr.Jiayin Hufrom Columbia University.Her research focuses on banking, financial intermediation, and applied corporate finance. In the seminar, Dr.Hupresented herlast research “Regulating Shadow Banks: Financial Innovation versus Systemic Risk”, which developsa bank run model featuring the trade off between financial innovation and systemic risk to investigate the role of shadow banking and the regulation. This study is the first to formalize the designation authority of a macro-prudential regulator in systemic risk regulation.

More than 20 teachers and students of the School of Economics and Management have participated in the seminar and discussed the study with Dr.Hu. We are looking forward to the Bi-Week Applied Economics Colloquium next week.