- 248
- 308 802
Swedish House of Finance
Sweden
Registrace 29. 08. 2016
The Swedish House of Finance at the Stockholm School of Economics is Sweden’s national research center for financial economics. It hosts internationally distinguished researchers, and enables financial research and development of the highest quality.
The center serves as an independent platform where academia and both the private and public financial sectors can exchange knowledge, foster new ideas and gain access to a global network of prominent researchers in finance.
The Swedish House of Finance is an equally private and government funded, nonprofit, and nonpartisan organization. It hosts approximately 25 research fellows, 15 research assistants, and 25 PhD students in finance.
The center serves as an independent platform where academia and both the private and public financial sectors can exchange knowledge, foster new ideas and gain access to a global network of prominent researchers in finance.
The Swedish House of Finance is an equally private and government funded, nonprofit, and nonpartisan organization. It hosts approximately 25 research fellows, 15 research assistants, and 25 PhD students in finance.
Should Government and Business Team Up in the Green Transition?
#finance #sustainability
Given the scale of investment required for the green transition, countries worldwide, including Sweden, are seeking efficient strategies to draw private investment for infrastructure and technology innovations. Elevating the private sector's role offers the opportunity to scale up investment in projects aimed at climate change mitigation and adaptation.
However, the nature of the interaction is complex and requires attention to establish transparency, reflect long-term fiscal costs, and adequately balance risks across sectors. This task, while challenging, is essential for an alliance that benefits multiple stakeholders.
Swedish House of Finance, in collaboration with Stockholm School of Economics’ Mistra Center for Sustainable Markets (Misum) and House of Innovation, organized a discussion on financing the green transition. Watch the video here: czcams.com/video/QEJMNkougJ8/video.html
Given the scale of investment required for the green transition, countries worldwide, including Sweden, are seeking efficient strategies to draw private investment for infrastructure and technology innovations. Elevating the private sector's role offers the opportunity to scale up investment in projects aimed at climate change mitigation and adaptation.
However, the nature of the interaction is complex and requires attention to establish transparency, reflect long-term fiscal costs, and adequately balance risks across sectors. This task, while challenging, is essential for an alliance that benefits multiple stakeholders.
Swedish House of Finance, in collaboration with Stockholm School of Economics’ Mistra Center for Sustainable Markets (Misum) and House of Innovation, organized a discussion on financing the green transition. Watch the video here: czcams.com/video/QEJMNkougJ8/video.html
zhlédnutí: 42
Video
Financing the Green Transition: The Role of Private-Public Collaborations
zhlédnutí 80Před 21 dnem
#finance #sustainability #greenenergy Swedish House of Finance, in collaboration with Stockholm School of Economics’ Mistra Center for Sustainable Markets (Misum) and House of Innovation, organized a discussion on financing of the green transition. During the seminar, the issue was addressed from different perspectives: academia’s evidence-based findings, policy framework, and insights from lea...
Music Rights: A New Asset Class? With Merck Mercuriadis
zhlédnutí 133Před měsícem
#finance #investing #music Merck is a British-Canadian music industry executive, artist manager, and entrepreneur. Mercuriadis has managed artists including Nile Rodgers, Beyoncé, Elton John, Gun N’Roses, Iron Maiden, Pet Shop Boys, Mary J. Blige among others. He is also the Founder and Chairman of Hipgnosis Song Management. 00:00 Video starts 00:05 Can you tell us about what inspired you to st...
Using Chat GPT for Research
zhlédnutí 198Před 2 měsíci
#ai #research #teaching #finance 00:00 - Introduction 00:12 - What are Chat GPT and LLMs? 00:37 - How can academics use LLMs in their research? 01:03 - Can LLMs make researchers more creative? 01:35 - How can academics use LLMs for data analysis? 01:56 - How can academics use LLMs for teaching? 02:23- Are there dangers or downsides?
Does health correlate with becoming a CEO?
zhlédnutí 81Před 3 měsíci
#finance #research #ceo #leadership This study by Swedish House of Finance Affiliated Researcher Joacim Tåg, Aalto University's Matti Keloharju, and CEPR's Samuli Knüfer, looks into the health of CEOs in Sweden, comparing them to the average person and people in other high-skilled jobs. 00:00 Intro 00:05 What insired you to explore the health of CEOs and how did you overcome the challenges in g...
Can We Improve the Way People Make Pension Choices?
zhlédnutí 142Před 3 měsíci
#finance #research #pension Are individuals making the "right" investment choices for their retirement years? What do we know from research about choosing good mutual funds? What are the effects of financial literacy on pension choices? Seminar with James Choi (Yale), Anders Anderson (Swedish House of Finance and Stockholm School of Economics), and Anna Pettersson Westerberg (Pensionsmyndighete...
Diversity in Financial Economics; Some Policy Recommendations
zhlédnutí 383Před 7 měsíci
#genderequality #womeninscience Swedish House of Finance interviewed the authors of 11 papers on the obstacles that women encounter in academia, as well as solutions that have been tested. In this video, we hear their policy recommendations. 00:00 - Introduction 00:16 - How to change the culture in our profession? (Interview with Justin Wolfers) 02:29 - How to create equity in child bearing / c...
How do Crisis Experiences Affect Beliefs and Decision-Making?
zhlédnutí 227Před 8 měsíci
#finance #research #inflation Swedish House of Finance interviewed Ulrike Malmendier (Berkeley Haas) during her visit to Stockholm on October 19. Malmendier is the 2023 recipient of the Skandia Research Award on Long-Term Savings. She is Professor of Finance at Berkeley Haas, Professor of Economics at the University of California, and a member of the German Council of Economics Experts. Her res...
Personal Experiences and Financial Decision Making - Understanding Inflation Expectations
zhlédnutí 469Před 8 měsíci
#finance #research #inflation Ulrike Malmendier (Haas School of Business) presented her research showing how inflation experiences have long-lasting effects on individual behavior. The extent of the impact depends on the duration and severity of the experience. She is the recipient of the 2023 Skandia Research Award on Long-Term Savings. She is one of the most cited researchers of her generatio...
Private Equity amid Market Uncertainty with Tim Jenkinson
zhlédnutí 302Před 8 měsíci
#finance #research #privateequity Interview with Tim Jenkinson, Professor of Finance at the Saïd Business School, University of Oxford on September 18 2023 in Stockholm. 0:00 Intro 0:07 Why has private equity grown so much over the years? 1:14 What aspects of investing in private equity lead to higher returns for investors? 2:20 How does private equity enable companies to do things they cannot ...
SNS/SHoF Finance panel: Why is the Swedish Krona so weak?
zhlédnutí 996Před 9 měsíci
#finance #research #currency There is currently an intense debate about the value of the Swedish krona. Swedish House of Finance and SNS organized a seminar about the weakening of the Swedish krona on September 22, 2023. Speakers: Erik Thedéen is the Governor of Sveriges Riksbank Kristin Magnusson Bernard is the CEO of Första AP-fonden (AP1) Per Krusell is a professor of economics at the Instit...
What does market power look like in a data-rich, digital economy?- Laura Veldkamp
zhlédnutí 473Před 9 měsíci
#finance #research #data Interview with Laura Veldkamp, Professor of Finance at Columbia University's Graduate School of Business, August 31 in Stockholm. 00:00 What's new about the data we have available today and how will it transform the financial economic landscape? 01:20 How do we measure and value data? Are there gaps in quantifying and qualifying data that we have today? 02:23 What could...
How do global supply chain disruptions impact firms?
zhlédnutí 229Před 10 měsíci
#finance #research #trade Interview with Gordon Phillips, Tuck School of Business, Dartmouth College, during the The Effects of New Geopolitical Risks on Financial Markets and Firms on August 22-23 in Stockholm. 00:00 How did supply chain disruptions impact sales? 01:55 What industries were particularly affected by disruptions? 03:08 How does competition exacerbate the impact of supply chain di...
How does economic policy uncertainty impact global fund flows?
zhlédnutí 123Před 10 měsíci
#finance #research #uncertainty Interview with Russell Wermers, University of Maryland, during the The Effects of New Geopolitical Risks on Financial Markets and Firms on August 22-23 in Stockholm. 00:00 What do you mean by economic policy uncertainty (EPU)? How do you measure it? 00:51 What are your findings? 01:13 What is 'the home effect'? 02:38 Do funds from G7-countries behave differently ...
Do geopolitical risks raise inflation?
zhlédnutí 202Před 10 měsíci
Do geopolitical risks raise inflation?
The importance of hedging operational risk vs. financial risk
zhlédnutí 197Před 10 měsíci
The importance of hedging operational risk vs. financial risk
How does U.S. monetary policy influence decisions of foreign central banks?
zhlédnutí 207Před 10 měsíci
How does U.S. monetary policy influence decisions of foreign central banks?
How did Russian banks respond to sanctions?
zhlédnutí 171Před 10 měsíci
How did Russian banks respond to sanctions?
Financial Institutions and Uncertainty in a Geopolitical Context - Available Strategies
zhlédnutí 163Před 10 měsíci
Financial Institutions and Uncertainty in a Geopolitical Context - Available Strategies
Managing Supply Chain Disruptions - a Global Perspective
zhlédnutí 97Před 10 měsíci
Managing Supply Chain Disruptions - a Global Perspective
The Macroeconomic Effects of Sanctions on Russia - (How) Can They Be Assessed?
zhlédnutí 170Před 10 měsíci
The Macroeconomic Effects of Sanctions on Russia - (How) Can They Be Assessed?
Discussion: Jens Henriksson (Swedbank) and Nicholas Bloom (Stanford University)
zhlédnutí 101Před 10 měsíci
Discussion: Jens Henriksson (Swedbank) and Nicholas Bloom (Stanford University)
Discussion: Steven Ongena (University of Zurich) and Torbjörn Becker (SITE)
zhlédnutí 102Před 10 měsíci
Discussion: Steven Ongena (University of Zurich) and Torbjörn Becker (SITE)
Do Geopolitical Risks Raise or Lower Inflation?
zhlédnutí 229Před 10 měsíci
Do Geopolitical Risks Raise or Lower Inflation?
Efficiency or resiliency? Corporate choice between financial and operational hedging
zhlédnutí 67Před 10 měsíci
Efficiency or resiliency? Corporate choice between financial and operational hedging
Trade Uncertainty and U.S. Bank Lending
zhlédnutí 66Před 10 měsíci
Trade Uncertainty and U.S. Bank Lending
so dump your predictors in a net with a huge hidden layer and feed the final layer through a ridge regression?
If will be more privacy in finances and banking, financial grammar, physical security(benches near banks), impossibility to find private information, more high salaries from minimal to higher in all fields, technological security information, impossibility third parties to find out about accounts and numbers, ethical behavior of humans around world it will create much more safe environment for good quality life
If will be more privacy in finances and banking, financial grammar, physical security(benches near banks), impossibility to find private information, more high salaries from minimal to higher in all fields, technological security information, impossibility third parties to find out about accounts and numbers, ethical behavior of humans around world it will create much more safe environment for good quality life
This video is just so indulging. Couldn't understand a few things but great
A wonderful seminar.
Nice
What a fantastically clear, easy to understand and concise introduction to Blockchain tech! For more people to watch and learn in my opinion. Thank you.
You have done a great job, explicit and rich content, continue like this.
Quantitative Finance is really exhausting; many different authors, books, and articles contradict one another. Complexity is usually viewed with disapproval by the industry.
My eyes wide open - if creed knew ML
That was fire yo 🔥
Didn’t he say you are going to end up with short term debt bank runs??? That’s happened under Biden.
This was a great lecture with very surprising results. I had always assumed that overfit large models would always be worse to use since the training data was finite. Never thought the opposite was the case. Great work.
Am I missing something or is it just "ridgeless" regression with appropriate penalty (z) being really good?
@@brhnkh From what I understand from the lecture, one of the key insights is that larger models should be able to perform better out of sample. The general problem with using ML for time series data is that they are easy to overfit due to the limited training set and feature representation. However with a diverse feature set, larger models should be able to generalize better which is intuitive to me.The reason why many experts would recommend against bigger models is because they are much easier to overfit to the training data but this may just because they were training with a small feature set that did not have many predictive outcomes. Whenever this is the case, a model will learn the dataset itself in order to achieve the reward without finding patterns that can be repeated in out of sample data.
@@Khari99 Right. The last sentence is what's novel I think. The model gets better at out-of-sample data because it is appropriately penalized while being trained with very large number of parameters. Apparently, they figured it out using random matrix theory, so the heavy lifting lies there I guess.
@@brhnkh the reward function is always the most difficult part of ML. It took me a while to figure out how to write mine for my architecture. Simply using max profit is not enough (a model could learn to buy and hold forever for instance) And neither is accuracy. (high accuracy != profitability). You have to reward it and penalize it in a similar way that you would a human based on metrics its able to achieve on a trade by trade and portfolio basis.
@@brhnkh I thought a definition of overfitting was when validation error starts to increase rapidly, after reaching its minimum during training, whilst training error continues to decrease. It is therefore not clear to me, why you would want a model to overfit at all, finance or not. I'm only 4 minutes into the video, perhaps he will explain it.
what do you mean by the model is explainable? Something like you can explain the coefficient of a linear regression model?
I'd say that if you can analyse the models output and inner workings to get an understanding of WHY it produces a given output. SHAP is such a tool. check it out.
There is time for everything. A time for simple models and a time for ML models.
Nice discussion. However India already has very advanced interoperable digital payment system like UPI since 2016. We are also experimenting with our own CBDC this year.
thanks for the video.
Steve Keen on DSGE models czcams.com/video/l1VS6u1V_Jo/video.html
Here from Bernanke's Nobel speech
Very interesting, thank you for posting.
❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤
ᵖʳᵒᵐᵒˢᵐ 😇
Terrific
hello nice sharing
Tarun ✔
Merci à Mr schmalz pour la compréhension du système d'exploitation et de l'hégémonie des groupes d' investisseurs mondiaux sur les dangers qu'ils font courir sur la stabilité des salariés et sur les peuples
Some notes Interconnectedness of crises Rich literature on banking crises - but there’s systematic relationship between banking and currency crises Banking crises typically came after financial liberalization 125 countries, 300 banking crises = tight connection between capital market integration (open capital account) and incidences of banking crises In era of heavy regulation, relative dearth of financial crises Before, currency and banking crises were looked at in isolation But, banking crises often lead to future currency problems - feedback loops A legacy of banking crises is that governments end up with a lot of debt - takes over private debts / bank debts Banking crisis increases probability of sovereign debt crisis - but not other way around Pattern of steps -Financial liberalization -Boom in economic activity, asset prices -Slowdown / onset of banking problems -Bank crisis -Sovereign debt crisis How to engage severity of crisis - look at per/capita GDP, and number of years required to return to pre-crisis peak Most severe 100 crises, ranked - lots of triple crises (bank, currency, sovereign debt) Antecedents of financial crises -currency overvaluation - bad loans, firm over-profitability -asset price bubbles -credit boom -build up of short-term debt -decline of bank deposits / existence of bank runs -hidden debts - all kinds of nasty surprises are revealed during crises - Post crises recessions are longer and more protracted than norm Even by 2018, countries like Italy and Greece still had not returned to pre-crisis peaks (re: 2008 financial crisis) Legacy of these crises is build-up of public sector debt Advanced economies are no strangers to sovereign default
very very interesting !!
Yeah, let's hear a little more about economic usury from people who truly believe in it. Sublime!
No mention of FED employees buying for personal accounts
The explains why the FED is apprehensive about raising rates , it leads to (smart) savers moving money
I’m in love 😻
Anna Stenberg
The video sound is pretty good, beyond my imagination
Q how would it be if China offered and Donald Trump's acceptance ensued of Chinese citizenship as he arose before upto 2025 25 December as USA president। for a tenure of 19-25 years। At Davos and Divorce reply awaited
Your thoughts on X mas /Ex managers and Management's
so touching for an excellent video
Genius
Character In the video It's great, I like it a lot $$
Thanks for putting the conference recordings online, very interesting keynotes and discussion panels. What I am puzzling about though is the remark by Rahmouni-Rousseau at the 1:14:18 time mark czcams.com/video/rS44Icbw31U/video.html about minimum reserve requirements for commercial banks in the Euroarea. She said: "there is no strict regulatory requirement for Euroarea banks to hold reserves; the requirement is on HQLA" and banks just prefer to hold reserves instead of hqla's. Does that mean legally there are no minimum reserve requirements?
Standford Professor.... (y)
He is gonna get Nobel Prize one day in International Finance & banking.
p0
nvgpm vyn.fyi
Please any one help me about how to estimate and use DSGE model in monetary policy
cool
I am sorry but this is just a typical Swedish meeting, ”I agree”, “good point”, “more can be done” etc. We should instead focus on what you have done and what can be done. Why aren’t we measuring nationality? Anonymous applications will just favor typical Swedes since they already have an head start that will show up in the CV indirectly (via networks, societies, previous experience etc). One possible solution could be to implement a quota on nationality, gender, background etc.
Great joke 😀
Give them more time to speak, they are cutting some important issues
absolutely brilliant 💡
Excelente presentación! Harald Uhlig es de lejos uno de los mejores macroeconomistas del mundo