Philip Dybvig

Philip H. Dybvig (born May 22, 1955 ) is an American economist and university professor .

Career, research and teaching

Dybvig studied mathematics and physics at Indiana University Bloomington until 1976 . After a short stay at the University of Pennsylvania , he studied economics at Yale University from 1977 . There he graduated as a Masters in December 1978 , and in 1979 he completed his Ph.D. under the supervision of Stephen Ross . -Degree. Until 1981 he was an assistant professor at Princeton University , then he returned to Yale University. There he rose to Associate Professor in Finance in 1984 and was appointed Full Professor in July 1986 . After a guest professorship, he accepted a call from Washington University in St. Louis in 1989 .

Dybvig's work and research focuses on finance and banking , with a focus on topics relating to banking regulation and financial crises as well as corporate finance . Together with Douglas W. Diamond , he developed the Diamond – Dybvig model for the description of asset-liability mismatches at banks due to different maturities and the resulting liquidity problems as a result of bank runs, which plays a central role in banking regulation.

Between 1986 and 1988 Dybvig was supported with a Sloan Research Fellowship and has been a Fellow of the Finance Theory Group since 2014 . In 2002/03 he was President of the Western Finance Association . In addition, he has held various editorial roles for various periodicals, for example he was temporarily editor of Review of Financial Studies and co-editor of the Journal of Economic Theory , the Journal of Finance , the Journal of Applied Finance and Finance and Stochastics .

Web links

• Homepage at Washington University in St. Louis