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Philip Hallen Dybvig is an American economist. He is the Boatmen's Bancshares Professor of Banking and Finance at the Olin Business School of Washington University in St. Louis.
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Darren T. Roulstone is John W. Berry, Sr. Fund for Faculty Excellence Professor of Accounting at Fisher College of Business at the Ohio State University in Columbus, Ohio, and has been director of its Accounting and Management Information Systems PhD program since 2008. His current research interests are textual analysis of firms’ financial disclosures and how investors acquire accounting information.
The 2022 Nobel Memorial Prize in Economic Sciences was divided equally between the American economists Ben S. Bernanke, Douglas W. Diamond, and Philip H. Dybvig "for research on banks and financial crises" on 10 October 2022. 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. Laureates in the Memorial Prize in Economics are selected by the Royal Swedish Academy of Sciences. The Nobel Committee announced the reason behind their recognition, stating:
"This year’s laureates in the Economic Sciences, Ben Bernanke, Douglas Diamond and Philip Dybvig, have significantly improved our understanding of the role of banks in the economy, particularly during financial crises. An important finding in their research is why avoiding bank collapses is vital."
References
- ↑ "Two Indian-Americans Among 13 Named Professorships at U Chicago". News India Times. 9 July 2019.
- ↑ "Haresh Sapra". The University of Chicago Booth School of Business.
- ↑ "Editorial Information". The University of Chicago Booth School of Business.
- ↑ Maurer, Mark (11 February 2020). "New Credit-Loss Standard Could Benefit Lenders if Regulators Loosen Capital Requirements, Study Says". Wall Street Journal.
- ↑ "Bank loss provisioning rules: a convenient scapegoat in the Covid-19 crisis?". LSE Business Review. 13 May 2020.