Larry G. Epstein | |
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Institution | Boston University (2007–present) University of Rochester (1998–2007) University of Toronto (1977–1998) |
Field | Mathematical economics, Decision theory, Asset pricing |
Alma mater |
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Doctoral students | Shouyong Shi [1] Takashi Hayashi [1] |
Information at IDEAS / RePEc |
Larry G. Epstein is a Canadian economist who is currently Professor of Economics at McGill University. [2] He is a Fellow of the Canadian Economics Association and Econometric Society. [3] He was also Fellow of the Royal Society of Canada before moving to the United States. [4] [3]
Larry G. Epstein obtained his BSc in Mathematics with honours from the University of Manitoba in 1968, MA in Mathematics from the Hebrew University of Jerusalem in 1970 and PhD in Economics from the University of British Columbia in 1977. He worked as a research economist at the Department of Manpower and Immigration of Canada from 1971 to 1974 before joining the University of Toronto, where he was Assistant Professor from 1977 to 1980 and Professor from 1983 to 1998. Epstein moved to University of Rochester in 1998 and held the position of Elmer B. Milliman Professor of Economics until 2007. [4] [1] He started his current position as Professor of Economics at Boston University in 2007. [5] Epstein has also served on the Executive Council of the Canadian Economic Association from 1987 to 1990 and has been a member of the American Academy of Arts and Sciences since 2013. [3]
Epstein's main research areas cover topics in mathematical economics, decision theory and asset pricing. [1] In addition to his research work, he has also held editorial positions with numerous journals such as Econometrica , Journal of Economic Theory and Macroeconomic Dynamics .
He received the Canadian Economic Association's John Rae Award for outstanding research in 1994 [3] and was awarded the Econometric Society's Frisch Medal the same year. [6]
Robert Fry Engle III is an American economist and statistician. He won the 2003 Nobel Memorial Prize in Economic Sciences, sharing the award with Clive Granger, "for methods of analyzing economic time series with time-varying volatility (ARCH)".
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The Frisch Medal is an award in economics given by the Econometric Society. It is awarded every two years for empirical or theoretical applied research published in Econometrica during the previous five years. The award was named in honor of Ragnar Frisch, first co-recipient of the Nobel prize in economics and editor of Econometrica from 1933 to 1954. In the opinion of Rich Jensen, Gilbert F. Schaefer Professor of Economics and chairperson of the Department of Economics of the University of Notre Dame, "The Frisch medal is not only one of the top three prizes in the field of economics, but also the most prestigious 'best article' award in the profession". Five Frisch medal winners have also won the Nobel Prize.
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