Explore the words cloud of the Disasters project. It provides you a very rough idea of what is the project "Disasters" about.
The following table provides information about the project.
LONDON SCHOOL OF ECONOMICS AND POLITICAL SCIENCE
|Coordinator Country||United Kingdom [UK]|
|Total cost||1˙287˙755 €|
|EC max contribution||1˙287˙755 € (100%)|
1. H2020-EU.1.1. (EXCELLENT SCIENCE - European Research Council (ERC))
|Duration (year-month-day)||from 2015-05-01 to 2020-04-30|
Take a look of project's partnership.
|1||LONDON SCHOOL OF ECONOMICS AND POLITICAL SCIENCE||UK (LONDON)||coordinator||1˙287˙755.00|
My proposal consists of two strands linked by a common theme--namely a concern for the impact of disasters, in financial markets and more generally--and by a shared methodology.
In the first of these strands, I propose to develop ways of using observable asset price data to infer the beliefs of market participants about various quantities that are central to financial economics, including (i) the equity premium; (ii) the forward-looking autocorrelation of the market (i.e., time-series momentum); (iii) the risk premia associated with individual stocks; (iv) the correlation between stocks; and (v) measures of asymmetric risk, such as the forward-looking probability of a significant downward jump in the stock market over some prescribed time period.
This work will exploit theoretical techniques that I have developed in previous research, and that allow for the possibility of jumps and disasters in financial markets. I will therefore be able to avoid the unpalatable assumption—which is made, implicitly or explicitly, in much of the finance literature—that uncertainty is driven by conditionally Normally distributed shocks (or, in continuous time, by Brownian motions). The importance of doing so is underscored by the turmoil in financial markets over the last few years.
These techniques will also be applied in the second strand of my proposal, which focuses on issues related to catastrophes more generally, including for example climate change; highly contagious viruses on the scale of the influenza pandemic of 1918; or nuclear or bio-terrorism. This project will be joint with Professor Robert S. Pindyck of MIT. The goal is to provide a framework within which policymakers, faced with multiple different types of potential catastrophe, can determine how society’s limited resources should best be used to alleviate the associated risks.
|year||authors and title||journal||last update|
Lukas Kremens, Ian Martin
The Quanto Theory of Exchange Rates
published pages: 810-843, ISSN: 0002-8282, DOI: 10.1257/aer.20180019
|American Economic Review 109/3||2019-12-16|
Ianâ€‰W.â€‰R. Martin, StephenÂ A. Ross
Notes on the yield curve
published pages: 689-702, ISSN: 0304-405X, DOI: 10.1016/j.jfineco.2019.04.014
|Journal of Financial Economics 134/3||2019-12-16|
Options and the Gamma Knife
published pages: 47-55, ISSN: 0095-4918, DOI: 10.3905/jpm.2018.44.6.047
|The Journal of Portfolio Management 44/6||2019-12-16|
IAN W. R. MARTIN, CHRISTIAN WAGNER
What Is the Expected Return on a Stock?
published pages: 1887-1929, ISSN: 0022-1082, DOI: 10.1111/jofi.12778
|The Journal of Finance 74/4||2019-12-16|
What is the Expected Return on the Market?
published pages: qjw034, ISSN: 0033-5533, DOI: 10.1093/qje/qjw034
|The Quarterly Journal of Economics 132||2019-05-29|
Ian W. R. Martin, Robert S. Pindyck
Averting Catastrophes: The Strange Economics of Scylla and Charybdis
published pages: 2947-2985, ISSN: 0002-8282, DOI: 10.1257/aer.20140806
|American Economic Review 105/10||2019-05-24|
Are you the coordinator (or a participant) of this project? Plaese send me more information about the "DISASTERS" project.
For instance: the website url (it has not provided by EU-opendata yet), the logo, a more detailed description of the project (in plain text as a rtf file or a word file), some pictures (as picture files, not embedded into any word file), twitter account, linkedin page, etc.
Send me an email (firstname.lastname@example.org) and I put them in your project's page as son as possible.
Thanks. And then put a link of this page into your project's website.
The information about "DISASTERS" are provided by the European Opendata Portal: CORDIS opendata.
RNA regulation during viral infectionRead More
Elucidating the development of sexually-dimorphic circuits: from molecular mechanisms to synapses and behaviorRead More
Molecular control of actin network architecture and mechanics during cell shape changesRead More