David K.A. Mordecai presented Asset Prices and Liquidity in an Exchange Economy, a Practitioner’s View at the Liquidity Conference sponsored jointly by the Federal Reserve Bank of New York and the Bendheim Center for Finance, Princeton University. The conference took place on October 6-7, 2005 at the Federal Reserve Bank of New York in New York City. This conference aimed to bridge the gap between different liquidity concepts and to stimulate an exchange among researchers working on different aspects of liquidity. To highlight the practical relevance of the papers that were presented, a practitioner or regulator as well as an academic served as discussant for each paper.
The other panel participants were Ricardo Lagos, Federal Reserve Bank of Minneapolis and New York University, and Nobuhiro Kiyotaki, London School of Economics.
Dr. Mordecai is President and Co-Founder of Risk Economics, a New York City based advisory firm. Risk Economics specializes in the application of computational economics to the proprietary development and scalable implementation of robust modeling and data analytic frameworks for valuation, strategic and systemic risk analysis, and dynamic asset-liability management.
