Faculty News
—
Prof. Stijn Van Nieuwerburgh's research on measuring systemic risk is referenced
—

Excerpt from The New York Times Economix blog -- "... in a new working paper, 'Too-Systemic-to-Fail: What Option Markets Imply About Sector-Wide Government Guarantees,' Bryan T. Kelly, Hanno Lustig and Stijn Van Nieuwerburgh compare the price of put options for the financial sector stock index relative to put options on individual banks' stocks." Additional coverage appeared in Sarasota Herald-Tribune.
Faculty News
—

Excerpt from The New York Times Economix blog -- "... in a new working paper, 'Too-Systemic-to-Fail: What Option Markets Imply About Sector-Wide Government Guarantees,' Bryan T. Kelly, Hanno Lustig and Stijn Van Nieuwerburgh compare the price of put options for the financial sector stock index relative to put options on individual banks' stocks." Additional coverage appeared in Sarasota Herald-Tribune.