UJ to confer honorary doctoral degree on Nobel Laureate, Prof Robert Fry Engle
Date: Feb 13, 2018 | College of Business and Economics, Faculties, Media Release, News
World-renowned economist and the 2003 Nobel laureate in economics, Prof Robert Fry Engle is to be acknowledged with an honorary doctoral degree by the University of Johannesburg (UJ) on Monday, 19 February 2018.
“With significant contributions is his path-breaking discovery of a method for analysing unpredictable movements in financial market prices and interest rates, Prof Engle’s commitment to create a deeper understanding on best-practice applied time-series econometrics, is evident with worldwide acknowledgements of his work,” says the Executive Dean of the College of Business and Economics (CBE), Prof Daneel van Lill.
“His research has also brought into being, innovative statistical methods such as co-integration, common features, autoregressive conditional duration and more recently, dynamic conditional correlation models. UJ’s CBE is committed to equipping our students with high-level applied econometric competence in order to contribute at the forefront of econometric modelling and forecasting to the benefit of private and public organisations involved in the repositioning of the African continent,” says Prof van Lill.
Prof Engle’s Autoregressive Conditional Heteroscedasticity models (ARCH) have become indispensable econometric tools employed by private and public sector economic researchers and practitioners operating as financial markets analysts and economic decision-makers.
Prof van Lill points out that the University is honoured by Prof Engle’s acceptance of an UJ Honorary Doctorate in Economics. “The commitment of the CBE School of Economics to quality econometric education and training will be enhanced through association with Prof Robert Engle – a global leader in econometric risk-modelling,” he says.
Prof Engle will offer a two-day workshop (19-20 Feb 2018) on Advance Risk Modelling, followed by a Public lecture where he will provide insight on how much risk is too much? The Public lecture is scheduled for Wednesday, 21 February 2018.
The conferral of the Honorary Doctorate on Prof Engle follows the first-day’s workshop on Monday, 19 February 2018.
Followthis link to view the Honorary Doctorate of Prof Engle.
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