"Regulating systemic risk"
On Thursday evening, Prof. Jean Tirole (Toulouse School of Economics) presented the 20th BSE Lecture, "Regulating systemic risk," at Banc Sabadell Auditorium in Barcelona. In his talk, Prof. Tirole examined the many facets of financial stability and the creation of a policy "toolkit" for macro-prudential supervision in the context of government agency mandates, incentives, and behavior.
About our speaker
Jean Tirole (PhD, Massachusetts Institute of Technology, 1981) is Scientific Director of IDEI (Institut d'Economie Industrielle), Chairman of the Board of the Toulouse School of Economics, and Annual Visiting Professor of Economics at MIT. His research interests include Industrial Organization, Regulation and Competition Policy, Innovation and Intellectual Property, Insurance, Banking and Finance. Prof. Tirole has served as president of the Econometric Society (1998) and the European Economic Association (2001). He is a past winner of the BBVA Frontiers of Knowledge Award (2009) and co-author with BSE Scientific Council member Prof. Bengt Holmström (MIT) of the new book, Inside and Outside Liquidity, published by MIT Press in February 2011.