Aging, middle class and tech-savvy: global demographic shifts are changing financial risk
Cosimo Pacciani, CRO, European Stability Mechanism, outlines the pressures that are on the welfare and social systems due to aging populations and growing middle classes. Find out more about RiskMinds International at https://goo.gl/Gj8bRf
From playlist Innovation and disruption: Causing ripples in risk
FRM: Risk-adjusted performance ratios
RAPMs are variations of: return per unit of risk. Treynor and Sharpe are similar: both are excess return per unit of risk. Treynor defines risk as systematic risk (beta) and is therefore appropriate to well-diversified portfolios (i.e., into such portfolios idiosyncratic risk is eliminated
From playlist Performance measures
Cosimo Pacciani: Contagion risk and safety nets to widespread crises
At RiskMinds International, Liz MacKean interviews Cosimo Pacciani, CRO at European Stability Mechanism. He discusses strategies to manage contagion risk, and the extent to which Brexit poses a contagion risk in the finance sector. Find out more at https://goo.gl/KVtbtC.
From playlist CRO forum
FRM: Parametric value at risk (VaR): Pros & Cons
Here is a quick explanation of parametric value at risk (VaR) as a means to illustrating its strengths/weaknesses. Please note: The essence of parametric VaR is "no data:" while historical data is surely used to select a distribution and calibrate its parameters, a parametric VaR leans on
From playlist Value at Risk (VaR): Introduction
Making Decisions under Model Misspecification & Star-shaped Risk Measures - Maccheroni & Marinacci
Prof. Fabio Maccheroni & Prof. Massimo Marinacci - Making Decisions under Model Misspecification & Star-shaped Risk Measures Making Decisions under Model Misspecification (45min) Authors Simone Cerreia-Vioglio, Lars Peter Hansen, Fabio Maccheroni, Massimo Marinacci Abstract We use de
From playlist Uncertainty and Risk
Financial Markets (ECON 252) The stock market is the information center for the corporate sector. It represents individuals' ownership in publicly-held corporations. Although corporations have a variety of stakeholders, the shareholders of a for-profit corporation are central since the
From playlist Financial Markets (2008) with Robert Shiller
Time Varying Volatility and GARCH in Risk Management
These classes are all based on the book Trading and Pricing Financial Derivatives, available on Amazon at this link. https://amzn.to/2WIoAL0 Check out our website http://www.onfinance.org/ Follow Patrick on twitter here: https://twitter.com/PatrickEBoyle In Todays video let's learn abo
From playlist Risk Management
(ML 11.3) Frequentist risk, Bayesian expected loss, and Bayes risk
A simple way to visualize the relationships between the frequentist risk, Bayesian expected loss, and Bayes risk.
From playlist Machine Learning
1. Finance and Insurance as Powerful Forces in Our Economy and Society
Financial Markets (ECON 252) Professor Shiller provides a description of the course, Financial Markets, including administrative details and the topics to be discussed in each lecture. He briefly discusses the importance of studying finance and each key topic. Lecture topics will includ
From playlist Financial Markets (2008) with Robert Shiller
Modigliani, Young Woman in a Shirt
Amedeo Modigliani, Young Woman in a Shirt, 1918, oil on canvas (Albertina, Vienna). Created by Beth Harris and Steven Zucker.
From playlist Expressionism to Pop Art | Art History | Khan Academy
Lots of ways to estimate volatility. In this map, I parse out implied volatility (forward looking) and deterministic (constant) and focus on stochastic volatility: volatility that changes over time, either via (conditional) recent volatility and/or random shocks. For more financial risk vi
From playlist Volatility
FRM: Intro to Credit: Adjusted Exposure
Adjusted Exposure (AE) is a component of credit portfolio expected loss (EL). The adjusted exposure is only the risky portion of the loan asset. It consist of: 1. All outstanding (OS) and 2. Usage given default (UGD) multiplied by commitments. Usage given default (UGD) parameterizes credit
From playlist Credit Risk: Introduction
ARTS: Italian art treasures arrive by ship for show at Royal Academy (1929)
EMPIRE NEWS NEWSREEL (REUTERS) To license this film, visit https://www.britishpathe.com/video/VLVA77CA5QX25BMB0LV00GKNABMGA-ARTS-ITALIAN-ART-TREASURES-ARRIVE-BY-SHIP-FOR-SHOW-AT-ROYAL The "Leonardo da Vinci" ship arrives carrying 14,000,000 pounds worth of art for the Exhibition of Itali
From playlist EMPIRE NEWS NEWSREEL (REUTERS)
1. Introduction and What this Course Will Do for You and Your Purposes
Financial Markets (2011) (ECON 252) Professor Shiller provides a description of the course, including its general theme, the relevant textbooks, as well as the interplay of his course with Professor Geanakoplos's course "Economics 251--Financial Theory." Finance, in his view, is a pillar
From playlist Financial Markets (2011) with Robert Shiller