The SCOR-PSE Chair, created in 2018 by the SCOR Foundation for Science and the Paris School of Economics (PSE), has presented the Young Researcher Award to Maryam Farboodi, Assistant Professor of Finance at the MIT Sloan School of Management. The award is in recognition of her work in financial intermediation and deliberate exposure to counterparty risk. The judging panel was headed by Gilles Saint-Paul, professor at ENS and PSE, and scientific director of the Chair.
The award was given as part of the 2nd SCOR-PSE Chair conference, during which economist Ricardo Caballero, a professor at MIT, gave a notable presentation on the theme of “Risk-centric macroeconomics”.
André Levy-Lang, chairman ofs the SCOR Foundation for Science, comments: “This year’s young winner of the SCOR-PSE award has conducted innovative research, both in method and hypothesis, on the relationships between financial institutions and how these relationships may contribute to endogenous growth in systemic risk. This work is particularly stimulating and promising.”
About the SCOR-PSE Chair
Under the scientific leadership of Gilles Saint-Paul (PSE, ENS) and the executive leadership of Nicolas Dromel (PSE, CNRS), the SCOR-PSE Chair, created in June 2018, aims to promote the development and dissemination of research into macroeconomic risk, in particular rare events and uncertainties that remain difficult to model. It publishes articles, organises an annual conference and gives out the Young Researcher Award each year.
About the SCOR Foundation for Science
The SCOR Corporate Foundation for Science, created in 2011, forms part of the Group’s long-term commitment to research and disseminating knowledge about risk. It promotes and finances research by means of subsidies, awards and conferences. The Scientific Council of the SCOR Corporate Foundation for Science, consisting of renowned scientists from a variety of disciplines, is in charge of determining its orientation in the areas of intervention that may be selected, with regard to the main projects on which it has to decide and its long-term strategy.