The Myron Scholes Global Markets Forum brings business leaders, policy makers, and distinguished academics to address the Chicago community on topics of current interest.
Driving Directions:
This event is taking place on the Hyde Park Campus at Ida Noyes - https://maps.uchicago.edu/?location=Ida+Noyes+Hall.
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Event Details
The financial crisis has given rise to a widespread appreciation for a different approach to policymaking. Financial stability is now a statutory policy objective for every federal financial regulator, policy analysis is focused on assessing threats to financial stability, and policymakers are creating more tools to combat those threats — developing what we call the macroprudential toolkit. Macroprudential is a fancy word to mean that we now must look across the entire financial system, not just in a few institutions or markets, to assess and mitigate threats to financial stability.
In this talk, Mr. Berner will try to answer several questions. Among them: How do policymakers turn theory into practice? What are current threats to financial stability? How can we assess and monitor them? What's in the toolkit to mitigate those threats? Are they effective? Do they cover the financial system or are there significant gaps?
Registration
Register Online
Registration is required (cost of $5). If you are paying with a credit card, please register online. If you would like to pay with cash or check at the door, please email Jennifer Williams at jennifer.williams@chicagobooth.edu.
Deadline: 10/22/2014
Program
4:15 PM-4:45 PM: Registration / Check-In
4:45 PM-5:45 PM: Lecture / Q&A
Speaker Profiles
Richard Berner (Speaker)
Director of the Office of Financial Research, U.S. Department of the Treasury
http://www.treasury.gov/initiatives/ofr/about/Pages/OFR_Director_Richard_Berner.aspx
Richard Berner has served as Director of the Office of Financial Research at the US Department of the Treasury since January 2013. In this capacity, he leads the Office that serves the Financial Stability Oversight Council, its member agencies, and the public by improving the quality, transparency, and accessibility of financial data and information; by conducting and sponsoring research related to financial stability; and by promoting best practices in risk management.
Berner previously served as Counselor to the Secretary of the Treasury. Before joining the Treasury, he was Co-Head of Global Economics at Morgan Stanley. He has also worked at Mellon Bank, Salomon Brothers, Morgan Guaranty Trust Company, Wharton Econometrics, and the Federal Reserve Board.
Berner received his bachelor's degree from Harvard College and Ph.D. from the University of Pennsylvania.
Questions
Jennifer Williams
773-702-6324
Other Information
Important Note: This event is being held at a different time and place than usual, to begin shortly following afternoon classes in Hyde Park. It is being held in the third floor theater of Ida Noyes located next to the Harper Center on 59th Street.