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商学院经济沙龙(VOL.124)


发布时间:2014/04/02 11:17:36


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In the recent years we have witness an increase in default levels and bankruptcy filings, not only at the corporate level but, especially, at the personal level. Paradoxically, this seems to be associated with the development of financial markets and financial innovation as well as diversification.  Chinese financial markets do not seem to be immune from default as the recent data suggest. In this talk we will survey the recent literature on default and bankruptcy with particular emphasis on personal default that has been at the center of recent research and from which important lessons can be learned.

附:Dr. Giulio Seccia简介

My main research areas are financial economics and applied economic theory.
 
My PhD focussed on the role of money and monetary policy within general equilibrium when agents are asymmetrically informed and trade in financial markets that do now allow for full risk sharing. Later on my work has concentrated on the study of the effects of personal bankruptcy on the economic equilibrium. I am also interested in problems of learning and how psychological states affect economic and financial decisions. My most recent work is how information regarding the duration of a strategic interaction affects players optimal strategies.
 
My teaching has covered a large spectrum of courses at all levels, undergraduate, MBA and PhD, from microeconomics, monetary economics to finance, the latter being the main focus recently.
 
I had the opportunity to visit for research purposes as well as for teaching many Universities, including UCL-London, Stern-NYU (New York), KIER (Kyoto), Bocconi (Milan), SUFE (Shanghai).

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