by Professor Deborah Lucas, MIT
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Watch the highlights of Professor Deborah Lucas's speech.
The Institute of Global Finance organised a major business forum on the Global Systemic Risk, Liquidity and Global Financial Stability in Sydney with the participation of the Nobel Laureate Professor Robert Engle from NYU, Professor Deborah Lucas from MIT, Assistant Governor of the Reserve Bank of Australia, Dr Guy Debelle and the Treasurer of Westpac Mr Curt Zuber.
Other speakers highlighted the latest on liquidity risk and liquidity shocks. Professor Deborah Lucas highlighted the relevance of government debt and its contributions to systemic risk.