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The University of Chicago

The Work Behind the Prize

8,439 views 5 months ago
Moderator Gary S. Becker leads panelists James J. Heckman, John C. Heaton, John H. Cochrane, and Tobias J. Moskowitz in a discussion of the research contributions of 2013 Nobel Laureates Eugene F. Fama and Lars Peter Hansen.

Hosted by the University of Chicago Booth School of Business and the Division of the Social Sciences with generous support from the Office of the President.

Eugene F. Fama, MBA'64, PhD'64, is the Robert R. McCormick Distinguished Service Professor of Finance at Chicago Booth. Widely recognized as the "father of modern finance," he is best known for his efficient markets hypothesis, which provides the rationale for index funds. His rigorous analysis of asset pricing and risk returns has transformed finance in both the research and investment communities. He is celebrating his 50th year on the University of Chicago faculty.

Lars Peter Hansen, the David Rockefeller Distinguished Service Professor in Economics, Statistics, and the College, is an internationally known leader in economic dynamics. He has developed statistical methods widely used to test theories and models that shape our understanding of asset pricing. His recent work focuses on uncertainty and its relationship to long run risks in the macroeconomy. A faculty member since 1981, he is research director of the Becker Friedman Institute for Research in Economics.
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Moderator Gary S. Becker leads panelists James J. Heckman, John C. Heaton, John H. Cochrane, and Tobias J. Moskowitz in a discussion of the research contributions of 2013 Nobel Laureates Eugene F. Fama and Lars Peter Hansen.

Hosted by the University of Chicago Booth School of Business and the Division of the Social Sciences with generous support from the Office of the President.

Eugene F. Fama, MBA'64, PhD'64, is the Robert R. McCormick Distinguished Service Professor of Finance at Chicago Booth. Widely recognized as the "father of modern finance," he is best known for his efficient markets hypothesis, which provides the rationale for index funds. His rigorous analysis of asset pricing and risk returns has transformed finance in both the research and investment communities. He is celebrating his 50th year on the University of Chicago faculty.

Lars Peter Hansen, the David Rockefeller Distinguished Service Professor in Economics, Statistics, and the College, is an internationally known leader in economic dynamics. He has developed statistical methods widely used to test theories and models that shape our understanding of asset pricing. His recent work focuses on uncertainty and its relationship to long run risks in the macroeconomy. A faculty member since 1981, he is research director of the Becker Friedman Institute for Research in Economics. Show less

UChicago Institute of Politics Play

The new, nonpartisan Institute of Politics encourages and assists University of Chicago students to explore careers in public and social service and provides extracurricular opportunities in politics and policymaking.

Led by political strategist and UChicago alumnus David Axelrod, AB'76, the Institute offers programs including: the hosting of political and policy practitioners as visiting fellows; the securing and funding of exciting and rewarding political, policy and public interest internships; and offering a continuous series of public speakers discussing current events and political life.

http://politics.uchicago.edu

Innovation and Entrepreneurship Play

Architecture Play

From the first campus plan to the most recent contemporary tower, the architecture at the University of Chicago has been conceived by some of the most forward-thinking and well-respected designers in the world. Campus features the work of architects such as Frank Lloyd Wright, Henry Ives Cobb, Eero Saarinen, Ludwig Mies van der Rohe, Walter Netsch, Ricardo Legorreta, Rafael Viñoly, César Pelli, Helmut Jahn, Tod Williams and Billie Tsien Architects, and Holabird, Root and Burgee.
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