Category: Uncategorized

FMC² SEMINAR ANNOUNCEMENT

Speaker: Dr. Michael Brennan, Emeritus Professor at UCLA & FMC² Scientific Advisory Board Member.

Title: Malfeasance in Financial Markets

Date: Monday, January 13th 2014 at 6:00 PM (All are welcome to attend)

Location: Institute of Bankers

Directions to IOB may be found here: http://www.iob.ie/?q=Contact

Summary:

In this presentation Professor Brennan will survey recent cases of malfeasance in financial markets, suggest reasons for the apparent increase in instances of malfeasance in recent years and discuss the role of economic theory in creating a climate in which unethical behavior is expected.

Speaker Bio:

Dr. Brennan is the former Irwin and Goldyne Hearsh Professor of Banking and Finance at the University of California, Los Angeles, and Professor of Finance at the London Business School. He is currently Emeritus Professor at UCLA and Distinguished Visiting Professor at the University of Manchester. He was educated at Oxford, Pittsburgh and MIT.  Dr. Brennan’s research interests include asset pricing, corporate finance and market microstructure.

A former President of the American Finance Association, the Society for Financial Studies, and the Western Finance Association, Dr. Brennan has also served as Editor of the Journal of Finance and was the Founding Editor of the Review of Financial Studies. He has also served as a director of the National Bureau of Economic Research.

About FMC²:

The Financial Mathematics Computation Cluster (FMC²) is a collaboration between Industry, University College Dublin, Dublin City University, and NUI Maynooth. FMC² is a Science Foundation Ireland funded Strategic Research Cluster (SRC). The cluster brings together complementary expertise in financial mathematics, financial economics and computer science to create a multi-disciplinary research programme in asset and risk management, areas that are of critical importance to the present and future development of the international financial services sector in Ireland. For further details see http://www.fmc-cluster.org/

This VOX article explains the background to the recent conviction of some bank executives in Iceland.

Below from Brian Lucey:

Along with colleagues in the TCD library and the Long Room Hub, I have been awarded a Irish Research Council grant. Part of the funding is for a postdoc for three years. The project is  called TIONCHAR : The Impact On National Capacity of Higher Education And Research

Salary will be in the region of €40k per annum. This post is available for an immediate start. The postdoc will work with an interdisciplinary team on a series of projects around an economic impact analysis of the efficiency and impact of the higher education system in Ireland.  Candidates should hold a PhD, ideally in economics or policy analysis. They must have some experience of I-O modelling and of multiplier estimation. An understanding of modern higher education systems, bibliometrics and economic growth models is also highly desirable. Applications will be accepted until 31 Jan 2014. Applications should include a covering letter explaining why you feel you fit the post particulars, a CV and details of two referees. Please email applications or queries on the project to either Brianmlucey@gmail.com or Charles.Larkin@gmail.com

Some further particulars are available for download here : TIONCHAR Briefing

Kevin Denny and I have a little piece on this in VOX (http://www.voxeu.org/).  It contains a link to our working paper on the subject.

Available here.