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Project

Extreme events in vast dimensional systems

Financial and economic systems are unprepared for an increasingly vast and complex risk environment. The world is gradually more interconnected and extreme events –e.g. fiscal crises and energy shocks– cannot be seen in isolation. This project will develop new methods (combining statistics and finance) for understanding the implications of extreme events in vast dimensional financial and economic systems.

Date:1 Oct 2017 →  30 Sep 2021
Keywords:Tests for elliptical symmetry, Networks, Global risks, Economic and financial systems, Heavy-tailed distributions
Disciplines:Statistics and numerical methods, Statistics, Applied mathematics in specific fields