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|Name||EWG Commodities and Financial Modelling - EWGCFM|
|Announcement||In the summer 2012 the IX edition of the International Summer School on Risk Measurement and Control is scheduled. It is a|
|Newsletter||The newsletter of the working group, called NEWSFLOW, is published on the internet twice a year, one month before each meeting. It contains general information about the Working Group, information about the next meeting(s), abstracts of papers of the next meeting, letters from readers, announcements of financial seminars, calls for papers, a list of working papers, etc. |
|Board||Jaap Spronk, Giorgio Consigli|
Sapienza University of Rome
Economic and Social Analysis
Piazza Aldo Morto 5
|Purpose and history||The EURO Working Group on Financial Modelling was founded in September 1986 in Lisbon. The primary field of interest for the working group can be described as "financial models that help to solve problems faced by financial managers in the firm". From this the following objectives of the working group are distinguished: |
The meetings of the Working Group are organised twice a year, in April/May and in October/November. Previous meetings were held in Belgium, Curaçao, Cyprus, Finland, France, Hungary, Italy, the Netherlands, United Kingdom, Greece, Croatia, Poland and Spain. The meetings are attended by 80-100 members on average, most of them scientists but also representatives from the financial institutions, and are usually organised on Thursday, Friday and Saturday morning. The organisers are expected to schedule three types of sessions: a round table session with invited speaker(s), regular sessions with the presentation of refereed papers, and balloon sessions in which unrefereed papers, new topics and "loose" ideas can be discussed.
Since 2009 a special award in the name of Francesco Paris, a former member of the Group , has been introduced for young scholars. It is awarded once a year to the best paper submitted by young scientists.
|Members||About 450 members from 24 different countries (of which approximately 100 members constitute the more "active kernel" of the group). |
|Past activities||The Autumn 2010 meeting was organized by Tomas Ticky and Milos Kopa in Prague, Czech Republic, October 28-30 2010. |
The plenary talks were given by
1) Tierry Post from University of Instanbul a very young and talented scholar.
2) Oldrich Vasicek a very famous scholar and expert of Financial Theory.
The spring meeting of 2011 was held in Beirut Lebanon. May 5-7 2011 at the ESA (http://www.esa.edu.lb/en/index.shtml) School. It will be organized by Jaap Spronk and Alain Chevalier. 30 particpants attended the event
The fall 2011 meeting was held in Helsinki on November 25-27th. As invited speaker Markus Kallu from The Department of Economics gave a keynote lecture.
A round table on the role of the banks in this financial crisis was organized with the participation of academics and practitioners.
|Future activities||The Spring 2012 meeting, is the 50th of the group. It will be held in Rome organized by the coordinator of the group. |
As invited speaker the presence of Svetlozar Rachev and Stavros Zenios is scheduled. A round table on "the Euro and the Financial Crisis" will be organized with the participation of the Governor from the Bank of Italy Ignazio Visco, and few experts from the academic and from the practitioner world.
The fall meeting of 2012 is scheduled for November in Wien and organized by Gerard Speckbacker from University of Wien.
|Publications||The organizer of each meeting set up deals with specific Journals to publish a special issue on specific topics covered during the conference. The Prague meeting organizers set up a special issue in the Czeck Journal of Opeartional Research.|
|Budget||Each meeting is partially funded by local sponsors, and some support is provided for keynote speakers' reimbursements by EURO. The remaining of the budget is covered by registration fees.|