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Regular version of the site

"What is certain about uncertainty?" Research seminar with Olesya Grischenko

16+
*recommended age
Event ended

Students and PhD students are invited to join a series of research seminars delivered by Dr. Olesya V. Grishchenko, Principal Economist, Board of Governors of the Federal Reserve System

Dates: 28 and 30 of December

Time: 6.10 pm MSC

Olesya V. Grishchenko, Ph.D. ,
Finance, Stern School of Business, New York University, Principal Economist, Board of Governors of the Federal Reserve System

"What is certain about uncertainty?"

"I will provide a  review of existing measures of uncertainty, risk, and volatility, noting their conceptual distinctions. I will summarize how they are constructed, their relative advantages in usage, and their effects on financial markets and economic outcomes. The measures are divided into four categories based on the construction methodology: news-based, survey-based, econometric-based, and market-based measures. While heightened uncertainty is typically associated with negative real and financial outcomes, the magnitude of these effects and the interpretation of transmission channels crucially depend on identification considerations.

Based on paper: Cascaldi-Garcia, Danilo, Deepa Datta, Thiago Ferreira, Olesya Grishchenko, Mohammad R. Jahan-Parvar, Francesca Loria, Sai Ma, Marius Rodriguez, Juan M. Londono, John Rogers, Cisil Sarisoy, and Ilknur Zer (2020). "What is Certain about Uncertainty?" International Finance Discussion Papers 1294. Board of Governors of the Federal Reserve System (U.S.), forthcoming in the Journal of Economic Literature, 2021

Disclaimer: The views expressed in this presentation are solely those of the authors and should not be interpreted as reflecting the views of the Board of Governors of the Federal Reserve System or of any other employee of the Federal Reserve System.

Register to participate

Bear in mind that number of offline participants is limited to provide safe environment. Also check the university requirements on events with students and PhD studetns.