December 7, 2006
Francis X. Diebold
in a lively conversation
Volatility and Investing
A Fifty-Year Overview
Francis X. Diebold is W.P. Carey Professor of Economics, and Professor of
Finance and Statistics, at the University of Pennsylvania and its
Wharton School, and Faculty Research Associate at the
National Bureau of Economic Research
in Cambridge, Mass. He is a leader in financial and macroeconomic modeling,
forecasting and risk management, with extensive experience simultaneously in
academic, corporate, and policy circles.
Diebold has published more than one hundred articles and ten books and edited
volumes, including the leading text, Elements of Forecasting, now in its
third edition, and the volume of collected macroeconomic works, Business Cycles:
Durations, Dynamics, and Forecasting. He has received widespread recognition
for his research, including election to advisory and editorial boards of
numerous leading journals, election to Fellowship in the American Statistical
Association and the Econometric Society, and Sloan, Guggenheim and Humboldt awards.
Articles on his work have appeared in leading popular press outlets, including
Newsweek and The Economist.
Diebold is also active in policy and corporate affairs. He has served on
numerous boards and is consulted regularly by financial firms, central banks, and
policy organizations, worldwide. He is a founding member of the Mercer Oliver
Wyman Institute, a cooperative undertaking between Mercer Oliver Wyman and the
international academic community, whose mission is to facilitate and
accelerate knowledge transfer between academia and the financial services industry.
Diebold is a popular lecturer, both in the U.S. and internationally. He is
active in executive education and has received several prizes for outstanding
teaching. His ongoing annual lecture series include those at FAME (Geneva) and at
the International Monetary Fund (Washington, DC). He has held visiting
appointments in Economics and Finance at Princeton University, Cambridge University,
the University of Chicago, the London School of Economics, Johns Hopkins
University, and New York University.
Diebold received his B.S. from the Wharton School in 1981 and his Ph.D. in
1986, also from the University of Pennsylvania. Before returning to Penn in
1989, he worked as an economist under Paul Volcker and Alan Greenspan at the Board
of Governors of the Federal Reserve System in Washington DC. He is married
with three children and lives in suburban Philadelphia.
more information on this Junto event, including time,
location, and other features of the meeting see the December