Date/Time
January 29, 2024
6:00 pm - 7:30 pm

Have Capital Markets Forgotten about Sustainability?

Dr. Robert Engle, Nobel Laureate in Economics in 2003, will discuss his new research about how investors can hedge climate risk and whether or not this hedging has been hurtful or helpful.  In addition, he will touch on the idea of termination risk, a risk that a business may no longer be viable in the future and how this has implications for the behavior of markets today.  Finally, Dr. Engle will share some other gems from his life and career in the Q&A with USF’s Professor Ludwig Chincarini.

MORE ON SPEAKER:

Robert Engle, Professor Emeritus of Finance at New York University Stern School of Business, was awarded the 2003 Nobel Prize in Economics for his research on the concept of autoregressive conditional heteroskedasticity (ARCH). He developed this method for statistical modeling of time-varying volatility and demonstrated that these techniques accurately capture the properties of many time series. Professor Engle shared the prize with Clive W. J. Granger of UCSD. Professor Engle is the Co-Director of the Volatility and Risk Institute at NYU Stern.  In this role he has developed research tools to track risks in the global economy and make these publicly available on the V-LAB website.