29 Oct 2014
ERC funds research into systemic financial risks and impact on welfare
Emre Ozdeoren, Professor of Economics at London Business School has been awarded a grant of more than half a million pounds to identify new ways to measure systemic financial risks, the links between financial risks and the real economy and the effect on welfare.
Professor Ozdeoren receives the grant of £553,293 from the prestigious the European Research Council (ERC), as part of an LSE-led, three-year research programme headed by Kathy Yuan as Principal Investigator.
The ERC is the first pan-European funding agency for investigator-driven frontier research. It stimulates scientific excellence by supporting the very best scientists, scholars and engineers to be adventurous and take risks in their research.
Professor Ozdeoren is a Professor of Economics and a fellow of the Centre for Economic Policy Research (CEPR). He is a specialist in economic theory with a broad range of interests. His recent work focuses on strategic complementarities and feedback effects in financial markets and the design of optimal managerial contracts.