New Directions for Understanding Systemic Risk
May 18, 2006

Could advanced tools for modeling complex interactions in the natural sciences and engineering be applied to the study of systemic risk in financial markets and institutions? To explore that question, the National Academy of Sciences and the Federal Reserve Bank of New York will sponsor a major dialogue among leading scientists, economists, and central bankers on new approaches to analyzing systemic risks in the financial sector. The conference will consider whether new ideas can be derived from the mathematical tools and techniques that scientists and engineers are developing to study systemic collapse in interactive systems in nature and engineering. This event is expected to launch an ongoing dialogue on the potential gains from sharing methodological advances in the study of risk.

Event Details

May 18-19

Federal Reserve Bank of New York
33 Liberty Street
12th Floor Conference Center
New York City