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Forecasting Financial Crises

Principal investigator

Project type
Znanstveno-istraživački projekti
Financier
European Union
Start date
Sep 1st 2010
End date
Feb 28th 2014
Status
Done
Total cost
3778077 EUR
More information

In this project we set up an interdisciplinary consortium of computer scientists, physicists, economists and policy makers to deal with the problem of understanding and forecasting systemic risk and global financial instabilities. By leveraging on expertise in the various disciplines, we want to provide a novel integrated and network-oriented approach to the issue. On one hand, we will offer a theoretical framework to measure systemic risk in global financial market and financial networks. On the other hand, we will deliver an ICT collaborative platform for monitoring systemic fragility and the propagation of financial distress across institutions and markets around the world. Experts will be able to evaluate algorithms and models to forecast financial crises as well as visualise interactively possible future scenarios.