National Journal.com

nationaljournal.com > Expert Blogs > Economy

NationalJournal.com Home Economy Experts Home Economy Home

National Journal's Economy

Contributor

Mark Zandi, Chief economist, Economy.com

Biography provided by participant

Mark Zandi is Chief Economist and co-founder of Moody's Economy.com, where he directs the company's research and consulting activities. Moody's Economy.com, a division of Moody's Analytics, provides economic research and consulting services to businesses, government and other institutions. His research interests include macroeconomic financial, and regional economics. Recent areas of research include studying the determinants of mortgage foreclosure and personal bankruptcy, an analysis of the economic impact of various tax and government spending policies, and an assessment of the appropriate policy response to bubbles in asset markets. In addition, Mark conducts regular briefings on the economy. He is frequently quoted in national and global news outlets. Zandi received his Ph.D. at the University of Pennsylvania, where he did his research with Gerard Adams and Nobel Laureate Lawrence Klein, and he received his B.S. from the Wharton School at the University of Pennsylvania.

Recent Responses

July 28, 2009 04:44 PM

RE: What Is 'Systemic Risk'?

  I define systemic risk as the risk that the failure of a financial institution will significantly impair credit intermediation throughout the financial system. Since credit is the mother's milk of economic activity, the failure of a systemically important financial institution will seriously damage the economy. Whether an institution presents a systemic risk depends on: §         The extent of its relationships with other institutions and financial markets; §         The complexity of those relationships and its other activities; §         Its global reach; §         Its stature within the financial system. An institution with extensive, complex relationships throughout the global financial system and…  Read more
Advertisement
Advertisement

Stay Connected

Archives

Contributors

Add Economy Experts To Your Site

Sister Blogs

Experts: Health Care

The Affordability Factor

Latest response: Karen DavisNovember 03, 2009 12:18 pm
The Ninth Justice

Editor's Note

August 11, 2009 4:00 pm