Assessing Sovereign Risk
The financial crisis that began in 2007 brought with it increased sovereign debt for a variety of countries. As a result of this and other financial crises, sovereign risk has come to be viewed as an important source of global systemic risk, raising key questions: How do we measure the magnitude of this sovereign risk? What are the true costs and risks of sovereign bailouts? This panel will explore these and other related questions..
This panel is sponsored by The Milton Friedman Institute for Research in Economics.
Moderator
Lars Peter Hansen
Founding Director, Milton Friedman Institute for Research in Economics and Homer J. Livingston Distinguished Service Professor in Economics, University of Chicago
Panelist
John H. Cochrane
AQR Capital Management Professor of Finance, Chicago Booth
Panelist
Thomas J. Sargent
William R. Berkley Professor of Economics and Business , New York University