The Systemic Risk Centre (SRC) is a research centre in

London London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Wester ...

, hosted at the

London School of Economics The London School of Economics and Political Science (LSE), established in 1895, is a public research university in London, England, and a member institution of the University of London. The school specialises in the social sciences. Founded ...

and dedicated to the study of

systemic risk In finance, systemic risk is the risk of collapse of an entire financial system or entire market, as opposed to the risk associated with any one individual entity, group or component of a system, that can be contained therein without harming the ...

and the development of policies for addressing the effects of financial crises. The SRC is funded by the Economic and Social Research Council (ESRC) and was founded in 2012. Its funding was renewed for another five years in 2018. The SRC finds that the underlying driver of financial crisis is endogenous risk, described in the SRC Magazine.

Organization

The SRC has two directors, Jon Danielsson and Jean-Pierre Zigrand, staff of eight researchers and faculty from the

(LSE) and the

University College London University College London (Trade name, branded as UCL) is a Public university, public research university in London, England. It is a Member institutions of the University of London, member institution of the Federal university, federal Uni ...

(UCL).

Research

The Centre's main research activities are divided into four different areas: # Endogenous Risk # Amplification Mechanisms # Policy Responses # Identifying Risk SRC Research is disseminated through events, workshops, seminars and published materials – in particular, through a discussion paper series, an events programme and System Risk's youtube channel. The SRC organized a joint event with the

International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of las ...

on Macroprudential Stress Test and Policies: A Framework. SRC director Jean-Pierre Zigrand was appointed in April 2017 as the UK head of global financial research project to analyse high frequency financial data.Digging into High Frequency Data: Present and Future Risks and Opportunities (Atlantis)
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References

External links

Official Website

SRC Magazine
{{authority control Economic research institutes