Nobel Prize-Winning Professor to Talk on Uncertainty Spillovers for Markets and Policy
PA (03/29/2024) — Nobel Prize-winning economist Dr. Lars Hansen will speak for Commonwealth University-Bloomsburg's Economic Lecture Series. Hansen will speak on Tuesday, April 2, at 2 p.m. in Haas Center of Performing Arts, Mitrani Hall about "Uncertainty Spillovers for Markets and Policy." The lecture is open to the public.
Dr. Hansen is the David Rockefeller Distinguished Service Professor and the Director of BFI's Macro Finance Research Program at the University of Chicago. He teaches courses on time series econometrics, asset pricing, and macroeconomics. He also remains actively involved in the Ph.D. program in financial economics, a joint program with the University of Chicago School of Business that he helped establish. He is the leading expert in economic dynamics who works at the forefront of economic thinking and modeling, drawing approaches from macroeconomics, finance, and statistics. He was awarded the 2013 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.
His recent work focuses on uncertainty and its relationship to long-run risks in the macroeconomy. He explores how models that incorporate ambiguities, beliefs, and skepticism of consumers and investors can explain economic and financial data and reveal the long-term consequences of policy options. Hansen, Thomas J. Sargent, and their coauthors have recently developed methods for modeling economic decision-making in environments in which uncertainty is hard to quantify. They explore the consequences for models with financial markets and characterize environments in which the beliefs of economic actors are fragile.
For more information about the lectures, contact Mehdi Haririan, professor of economics, at 570-389-4682.
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Dr. Lars Hansen