Faculty News

Professor Robert Engle's joint research analyzing systemic risk to predict a financial crisis is spotlighted

Excerpt from Quartz -- "By aggregating SRISK across a country’s economy, Robert Engle, a Nobel Prize winner at NYU, and Tianyue Ruan of National University of Singapore, believe they can estimate the relationship between projected capital shortfalls and the likelihood of a financial crisis. Their work shines a spotlight on the interconnected nature of the economy, reminding investors that potential danger is rarely isolated in a single country."

Read more