# NYU Stern's V-Lab and Prof. Robert Engle's research on systemic risk are cited

1 Faculty News October 4, 2013 ![Financial Times logo](/sites/default/files/styles/246w/public/assets/images/uat_025700.jpg?itok=LSPbU2V1)>

Excerpt from [Financial Times](http://ftalphaville.ft.com/2013/10/04/1658152/computing-the-bill-for-european-taxpayers-come-the-next-crisis/) -- "The correlations between the shocks are time varying and modeled using the dynamic conditional correlation model of [Engle](http://www.stern.nyu.edu/faculty/bio/robert-engle) (2002)."

[Read more](http://ftalphaville.ft.com/2013/10/04/1658152/computing-the-bill-for-european-taxpayers-come-the-next-crisis/)