March 3rd 2015 / Frankfurt, USA

Stephen A. Ross receives the Deutsche Bank Prize in Financial Economics 2015

The prize is being awarded for the sixth time by the Center for Financial Studies and will be presented as part of an academic symposium on 24 September 2015

Raghuram G. Rajan receives Deutsche Bank Prize in Financial Economics

Jury Chairman and CFS Director Jan Pieter Krahnen explained the decision of the international Jury: “The Jury has chosen Professor Ross for his groundwork and fundamental contributions to the analytical development of financial economics. For more than 25 years major models developed by him have marked the economic world. His models relate to the theory of asset pricing, the analysis of the term structure of interest rates, understanding option prices, and the basic structure of the principal-agent problem. The work of Stephen a. Ross has shaped today’s thinking in financial innovation, practice and policy.”

Jury statement 2015

Deutsche Bank Prize in Financial Economics: an award for exceptional achievements in macroeconomics

The academic prize is sponsored by the Deutsche Bank Donation Fund and carries an endowment of €50,000. The CFS awards the prize biannually in partnership with Goethe University Frankfurt. It will be presented to Stephen A. Ross as part of an academic symposium in Frankfurt on 24 September 2015. The Deutsche Bank Prize in Financial Economics honors internationally renowned economic researchers whose work has a marked influence on research concerning questions of financial economics and macroeconomics, and has led to fundamental advances in economic theory and practice.

Stephen A. Ross is the Franco Modigliani Professor of Financial Economics at the MIT (Massachusetts Institute of Technology) Sloan School of Management and has held academic appointments at other renowned universities such as Yale University and the University of Pennsylvania (Wharton School). Aside from pursuing a distinguished university career, Stephen A. Ross, he holds a PhD in Economics from Harvard, has worked as an advisor to the financial sector, major corporations, and government departments.

Recipients of the Deutsche Bank Prize in Financial Economics 2005 to 2015

2015: Stephen A. Ross

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Stephen A. Ross is the Franco Modigliani Professor of Financial Economics at the MIT (Massachusetts Institute of Technology) Sloan School of Management and has held academic appointments at other renowned universities such as Yale University and the University of Pennsylvania (Wharton School). Aside from pursuing a distinguished university career, Stephen A. Ross, he holds a PhD in Economics from Harvard, has worked as an advisor to the financial sector, major corporations, and government departments.

As well as a globally recognized academic and a widely published author in finance and economics, Stephen A. Ross is a member of the American Academy of Arts and Sciences. In 1988, he led the American Finance Association as its President. Stephen A. Ross currently also serves as an associate editor of several economics and finance journals. He is the author of more than 100 articles in economics and finance and co-author of the best-selling textbook Corporate Finance.

2013: Raghuram G. Rajan

2011: Kenneth Rogoff

2009: Robert Shiller

2007: Michael Woodford

2005: Eugene Fama

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