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Australian Government Appoints Professor Stephen Brown to Prestigious Panel

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Professor Stephen Brown, David S. Loeb Professor of Finance at NYU Stern, was selected by the Australian Research Council (ARC) as a member of Research Evaluation Committee for the Excellence in Research Australia (ERA) initiative for 2010. The Research Evaluation Committee, consisting of 149 internationally recognized scholars, will be evaluating every academic discipline within all Australian universities. Professor Brown will participate in this initiative as a member of the Social, Behavioural and Economic Sciences Research Evaluation Committee.

The ARC supports excellence in research and advises the Australian Government on research matters, among other things. ERA assesses research quality in Australia’s higher education institutions using a combination of indicators and expert review by experienced, internationally-recognized experts. As Professor Brown observes, as in the United States, the Australian Government spends a large amount every year supporting research in universities across the country. This initiative represents a highly innovative approach to evaluating the output of this research on a consistent and quantifiable basis across all disciplines.

Professor Brown is a well-known scholar and has research expertise in hedge funds, mutual funds, Japanese equity markets, empirical finance and asset allocation, and investment management.

For more information visit http://www.arc.gov.au/era/default.htm