Volatility and Risk Institute

VRI Co-Directors Robert F. Engle and Richard Berner discuss how the VRI measures global risks, from climate-driven financial stress to geopolitical instability. As the VRI expands to NYU Abu Dhabi, this talk offers a timely look at the future of systemic risk research.

Seventh Annual Volatility and Risk Institute ConferenceArtificial Intelligence and Risk ManagementFriday, April 24, 2026The Volatility and Risk Institute held its annual conference on Friday, April 24, 2026, on the topic of "Artificial Intelligence and Risk Management." The conference was held in-person at 44 West 4th Street, New York, NY, and was also streamed via Zoom.Conference Agenda 7:45am: R…

In-person (KMC 3-110) and via Zoom Hyeyoon Jung (Financial Research Economist, Federal Reserve Bank of New York) will present on her paper, "Economics of Property Insurance" (co-authored with Kyle Jung). Abstract: We study the economics of homeowners' property insurance by examining how contract design balances the trade-off between incentive alignment and risk sharing. Using granular contract…

“The Challenges for Financial Stability from NBFI,” featuring John Schindler, Secretary General of the Financial Stability Board. The talk will explore how the growing role of non-bank financial intermediation is reshaping risks to global financial stability.