The SCOR-PSE Chair, created in 2018 by the SCOR Foundation for Science and the Paris School of Economics (PSE), has presented the Young Researcher Award to Maryam Farboodi, Assistant Professor of Finance at the MIT Sloan School of Management. The award is in recognition of her work in financial intermediation and deliberate exposure to counterparty risk. The judging panel was headed by Gilles Saint-Paul, professor at ENS and PSE, and scientific director of the Chair. 
The award was given as part of the 2nd SCOR-PSE Chair conference, during which economist Ricardo Caballero, a professor at MIT, gave a notable presentation on the theme of “Risk-centric macroeconomics”.

André Levy-Lang, chairman of the SCOR Foundation for Science, comments: “This year’s young winner of the SCOR-PSE award has conducted innovative research, both in method and hypothesis, on the relationships between financial institutions and how these relationships may contribute to endogenous growth in systemic risk. This work is particularly stimulating and promising.”

Click here to read the full press release and here to read Maryam's paper “International and Voluntary Exposure to Counterparty Risk”.