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SUMMARY:Markets caught in the headlights - Dr Dominik Rehse\, Advisor to t
 he Board at the Centre for European Economic Research (ZEW)\, Mannheim\, G
 ermany
DTSTART:20171108T160000Z
DTEND:20171108T170000Z
UID:TALK86911@talks.cam.ac.uk
CONTACT:Ingrid Cizaite
DESCRIPTION:One of the most alarming features of the financial crisis in 2
 007 and 2008 was a strong drop in trading volume for mortgage-backed secur
 ities\, credit derivatives and many other assets. Markets "froze" like dee
 r caught in the headlights. The talk will introduce one likely explanation
  for such drops in liquidity and report the results of a quasi-experimenta
 l test in the real estate market.\n\nDr. Dominik Rehse is a Researcher and
  an Advisor to the Board at the Centre for European Economic Research (ZEW
 ) in Mannheim\, Germany. His research currently focusses on using machine 
 learning methods for causal inference and economic modelling as well as on
  financial and real estate markets.
LOCATION:Mill Lane Lecture Room 1
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