{"id":3069,"date":"2013-12-19T22:57:07","date_gmt":"2013-12-19T22:57:07","guid":{"rendered":"http:\/\/blogs.kent.ac.uk\/kbs-news-events\/?p=3069"},"modified":"2022-02-22T21:29:47","modified_gmt":"2022-02-22T21:29:47","slug":"kent-finance-expert-delighted-at-colleagues-nobel-prize-win-2","status":"publish","type":"post","link":"https:\/\/blogs.kent.ac.uk\/kbs-news-events\/2013\/12\/kent-finance-expert-delighted-at-colleagues-nobel-prize-win-2\/","title":{"rendered":"Kent finance expert delighted at colleague&#8217;s Nobel Prize win"},"content":{"rendered":"<p><a href=\"http:\/\/www.kent.ac.uk\/kbs\/profiles\/staff\/tunaru_radu.html\" target=\"_blank\" rel=\"noopener\">Professor Radu Tunaru<\/a> at Kent Business School (KBS) has sent his warmest congratulations to Yale University&#8217;s Professor Robert Shiller &#8211; winner of the 2013 Nobel Prize for Economics.<\/p>\n<p>Professor Tunaru, who is a specialist in Structured Finance and Director of the University&#8217;s <a href=\"http:\/\/www.kent.ac.uk\/kbs\/research\/research-centres\/cequfin\/\">Centre for Quantitative Finance<\/a>(CeQuFin) research, has co-authored three papers with Professor Shiller. One of these papers, Property Derivatives for Managing European Real-Estate Risk, also co-authored by Professor Frank Fabozzi, received a Best Paper Award from the European Finance Management Journal in 2011.<\/p>\n<p>Professor Tunaru said: &#8216;I was absolutely delighted to hear that Robert Shiller had won the Nobel Prize. I have worked with him since 2009 and envisage continuing this line of research on applications of property derivatives to risk management of real-estate risk.&#8217;Professor Tunaru described the outcomes of their collaboration as &#8216;a viable solution to the problem of stabilisation of financial systems exposed to real-estate risk&#8217;.<\/p>\n<p>Alongside the University of Chicago&#8217;s Eugene Fama (the &#8216;father of modern finance&#8217;) and Lars Peter Hansen, Professor Shiller received the Prize for his contribution to &#8217;empirical analysis of asset prices&#8217;.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Professor Radu Tunaru at Kent Business School (KBS) has sent his warmest congratulations to Yale University&#8217;s Professor Robert Shiller &#8211; winner of the 2013 Nobel &hellip; <a href=\"https:\/\/blogs.kent.ac.uk\/kbs-news-events\/2013\/12\/kent-finance-expert-delighted-at-colleagues-nobel-prize-win-2\/\">Read&nbsp;more<\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[124],"tags":[19171],"_links":{"self":[{"href":"https:\/\/blogs.kent.ac.uk\/kbs-news-events\/wp-json\/wp\/v2\/posts\/3069"}],"collection":[{"href":"https:\/\/blogs.kent.ac.uk\/kbs-news-events\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.kent.ac.uk\/kbs-news-events\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.kent.ac.uk\/kbs-news-events\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.kent.ac.uk\/kbs-news-events\/wp-json\/wp\/v2\/comments?post=3069"}],"version-history":[{"count":2,"href":"https:\/\/blogs.kent.ac.uk\/kbs-news-events\/wp-json\/wp\/v2\/posts\/3069\/revisions"}],"predecessor-version":[{"id":14692,"href":"https:\/\/blogs.kent.ac.uk\/kbs-news-events\/wp-json\/wp\/v2\/posts\/3069\/revisions\/14692"}],"wp:attachment":[{"href":"https:\/\/blogs.kent.ac.uk\/kbs-news-events\/wp-json\/wp\/v2\/media?parent=3069"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.kent.ac.uk\/kbs-news-events\/wp-json\/wp\/v2\/categories?post=3069"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.kent.ac.uk\/kbs-news-events\/wp-json\/wp\/v2\/tags?post=3069"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}