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Douglas Diamond
Douglas Warren Diamond (born October 25, 1953) is an American economist. He is currently the Merton H. Miller Distinguished Service Professor of Finance at the University of Chicago Booth School of Business, where he has taught since 1979. Diamond specializes in the study of Financial intermediary, financial intermediaries, Financial crisis, financial crises, and Market liquidity, liquidity. He is a American Finance Association#Past, present and future presidents, former president of the American Finance Association (2003) and the Western Finance Association (2001-02). In October 2022, Diamond was awarded the Nobel Memorial Prize in Economic Sciences jointly with Ben Bernanke and Philip H. Dybvig. The prize was awarded in recognition of the economists' "research on banks and financial crises" Diamond is best known for his work on financial crises and bank runs, particularly the influential Diamond–Dybvig model published in 1983 and the Diamond Economic model, model of delegated ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nobel Memorial Prize In Economic Sciences
The Nobel Memorial Prize in Economic Sciences, officially the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel ( sv, Sveriges riksbanks pris i ekonomisk vetenskap till Alfred Nobels minne), is an economics award administered by the Nobel Foundation. Although not one of the five Nobel Prizes which were established by Alfred Nobel's will in 1895, it is commonly referred to as the Nobel Prize in Economics. The winners of the Nobel Memorial Prize in Economic Sciences are chosen in a similar way, are announced along with the Nobel Prize recipients, and the prize is presented at the Nobel Prize Award Ceremony. The award was established in 1968 by an endowment "in perpetuity" from Sweden's central bank, Sveriges Riksbank, to commemorate the bank's 300th anniversary. It is administered and referred to along with the Nobel Prizes by the Nobel Foundation. Laureates in the Memorial Prize in Economics are selected by the Royal Swedish Academy of Sciences. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Western Finance Association
The Western Finance Association (WFA) is an international professional society for academicians and practitioners with a scholarly interest in the development and application of research in finance. Its purpose is: *to serve as a focal point for communication among members, *to improve teaching and scholarship, and *to provide for the dissemination of information, including the holding of meetings and the support of publications. The Western Finance Association meeting, American Finance Association meeting, and Society for Financial Studies Cavalcade are considered to be the three top general finance conferences in the world. The society's inaugural meeting was held in August 1965 at the annual convention of the Western Economic Association (WEA). More than 200 members were enrolled during the first year, 430 by the end of the second year. Officers elected were Kenneth L. Trefftzs (University of Southern California), President; Edward W. Reed (University of Oregon), Vice President ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Phi Beta Kappa
The Phi Beta Kappa Society () is the oldest academic honor society in the United States, and the most prestigious, due in part to its long history and academic selectivity. Phi Beta Kappa aims to promote and advocate excellence in the liberal arts and sciences, and to induct the most outstanding students of arts and sciences at only select American colleges and universities. It was founded at the College of William and Mary on December 5, 1776, as the first collegiate Greek-letter fraternity and was among the earliest collegiate fraternal societies. Since its inception, 17 U.S. Presidents, 40 U.S. Supreme Court Justices, and 136 Nobel Laureates have been inducted members. Phi Beta Kappa () stands for ('), which means "Wisdom it. love of knowledgeis the guide it. helmsmanof life". Membership Phi Beta Kappa has chapters in only about 10% of American higher learning institutions, and only about 10% of these schools' Arts and Sciences graduates are invited to join the society. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
A Monetary History Of The United States
''A Monetary History of the United States, 1867–1960'' is a book written in 1963 by Nobel Prize–winning economist Milton Friedman and Anna J. Schwartz. It uses historical time series and economic analysis to argue the then-novel proposition that changes in the money supply profoundly influenced the U.S. economy, especially the behavior of economic fluctuations. The implication they draw is that changes in the money supply had unintended adverse effects, and that sound monetary policy is necessary for economic stability. Orthodox economic historians see it as one of the most influential economics books of the century. The chapter dealing with the causes of the Great Depression was published as a stand-alone book titled ''The Great Contraction, 1929–1933''. Authorship Milton Friedman and Anna Schwartz were working at the National Bureau of Economic Research (NBER) when the future chairman of the Federal Reserve, Arthur Burns, suggested that they collaborate on a project to ana ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Anna J
Anna may refer to: People Surname and given name * Anna (name) Mononym * Anna the Prophetess, in the Gospel of Luke * Anna (wife of Artabasdos) (fl. 715–773) * Anna (daughter of Boris I) (9th–10th century) * Anna (Anisia) (fl. 1218 to 1221) * Anna of Poland, Countess of Celje (1366–1425) * Anna of Cilli (1386–1416) * Anna, Grand Duchess of Lithuania (died 1418) * Anne of Austria, Landgravine of Thuringia (1432–1462) * Anna of Nassau-Dillenburg (died 1514) * Anna, Duchess of Prussia (1576–1625) * Anna of Russia (1693–1740) * Anna, Lady Miller (1741–1781) * Anna Russell, Duchess of Bedford (1783–1857) * Anna, Lady Barlow (1873–1965) * Anna (feral child) (1932–1942) * Anna (singer) (born 1987) Places Australia * Hundred of Anna, a cadastral district in South Australia Iran * Anna, Fars, a village in Fars Province * Anna, Kohgiluyeh and Boyer-Ahmad, a village in Kohgiluyeh and Boyer-Ahmad Province Russia * Anna, Voronezh Oblast, an urban locality in Voro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Milton Friedman
Milton Friedman (; July 31, 1912 – November 16, 2006) was an American economist and statistician who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory and the complexity of stabilization policy. With George Stigler and others, Friedman was among the intellectual leaders of the Chicago school of economics, a neoclassical school of economic thought associated with the work of the faculty at the University of Chicago that rejected Keynesianism in favor of monetarism until the mid-1970s, when it turned to new classical macroeconomics heavily based on the concept of rational expectations. Several students, young professors and academics who were recruited or mentored by Friedman at Chicago went on to become leading economists, including Gary Becker, Robert Fogel, Thomas Sowell and Robert Lucas Jr. Friedman's challenges to what he called "naive Keynesian theory" began with his interpretation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chicago
(''City in a Garden''); I Will , image_map = , map_caption = Interactive Map of Chicago , coordinates = , coordinates_footnotes = , subdivision_type = Country , subdivision_name = United States , subdivision_type1 = State , subdivision_type2 = Counties , subdivision_name1 = Illinois , subdivision_name2 = Cook and DuPage , established_title = Settled , established_date = , established_title2 = Incorporated (city) , established_date2 = , founder = Jean Baptiste Point du Sable , government_type = Mayor–council , governing_body = Chicago City Council , leader_title = Mayor , leader_name = Lori Lightfoot ( D) , leader_title1 = City Clerk , leader_name1 = Anna Valencia ( D) , unit_pref = Imperial , area_footnotes = , area_tot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hyde Park, Chicago
Hyde Park is the 41st of the 77 community areas of Chicago. It is located on the South Side, near the shore of Lake Michigan south of the Loop. Hyde Park's official boundaries are 51st Street/Hyde Park Boulevard on the north, the Midway Plaisance (between 59th and 60th streets) on the south, Washington Park on the west, and Lake Michigan on the east. According to another definition, a section to the north between 47th Street and 51st Street/Hyde Park Boulevard is also included as part of Hyde Park, although this area is officially the southern part of the Kenwood community area. The area encompassing Hyde Park and the southern part of Kenwood is sometimes referred to as Hyde Park-Kenwood, which includes the neighborhoods of East Hyde Park and Indian Village. Hyde Park is home to a number of institutions of higher education; among these are the University of Chicago, Catholic Theological Union, Lutheran School of Theology at Chicago, and McCormick Theological Seminary. The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mathematical Sciences Research Institute
The Simons Laufer Mathematical Sciences Institute (SLMath), formerly the Mathematical Sciences Research Institute (MSRI), is an independent nonprofit mathematical research institution on the University of California campus in Berkeley, California. It is widely regarded as a world leading mathematical center for collaborative research, drawing thousands of leading researchers from around the world each year. The institute was founded in 1982, and its funding sources include the National Science Foundation, private foundations, corporations, and more than 90 universities and institutions. The institute is located at 17 Gauss Way on the Berkeley campus, close to Grizzly Peak in the Berkeley Hills. Because of its contribution to the nation's scientific potential, SLMath's activity is supported by the National Science Foundation and the National Security Agency. Private individuals, foundations, and nearly 100 Academic Sponsor Institutions, including the top mathematics departm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CME Group
CME Group Inc. (Chicago Mercantile Exchange, Chicago Board of Trade, New York Mercantile Exchange, The Commodity Exchange) is an American global markets company. It is the world's largest financial derivatives exchange, and trades in asset classes that include agricultural products, currencies, energy, interest rates, metals, stock indexes and cryptocurrencies futures. The company offers futures contracts and options on futures using its CME Globex trading platforms, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates a central counterparty clearing provider, CME Clearing. With a range of pre- and post-trade products and services underpinning the entire lifecycle of a trade, CME Group also offers optimization and reconciliation services through TriOptima, and trade processing services through Traiana. The company has been described by ''The Economist'' as, "The biggest financial exchange you have never heard of". In 20 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Delegated Monitoring
Delegate or delegates may refer to: * Delegate, New South Wales, a town in Australia * Delegate (CLI), a computer programming technique * Delegate (American politics), a representative in any of various political organizations * Delegate (United States Congress), a non-voting member of the United States House of Representatives * Delegate Apostolic or nuncio, an ecclesiastical diplomat representing the Holy See * The Delegates The Delegates were a novelty song group who scored a hit record, "Convention '72". Creation The Delegates were the creation of Bob DeCarlo, morning disc jockey at KQV in Pittsburgh. Bob was approached by local record moguls Nick Cenci and Nick K ..., a 1970s novelty song group See also * Delegation (other) {{Disambiguation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Model
In economics, a model is a theoretical construct representing economic processes by a set of variables and a set of logical and/or quantitative relationships between them. The economic model is a simplified, often mathematical, framework designed to illustrate complex processes. Frequently, economic models posit structural parameters. A model may have various exogenous variables, and those variables may change to create various responses by economic variables. Methodological uses of models include investigation, theorizing, and fitting theories to the world. Overview In general terms, economic models have two functions: first as a simplification of and abstraction from observed data, and second as a means of selection of data based on a paradigm of econometric study. ''Simplification'' is particularly important for economics given the enormous complexity of economic processes. This complexity can be attributed to the diversity of factors that determine economic activity; ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
