Age, Biography and Wiki
Stephen Ross (economist) was born on 3 February, 1944 in Boston, Massachusetts, is an American economist. Discover Stephen Ross (economist)'s Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 73 years old?
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Age |
73 years old |
Zodiac Sign |
Aquarius |
Born |
3 February, 1944 |
Birthday |
3 February |
Birthplace |
Boston, Massachusetts |
Date of death |
2017 |
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Nationality |
United States
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We recommend you to check the complete list of Famous People born on 3 February.
He is a member of famous economist with the age 73 years old group.
Stephen Ross (economist) Height, Weight & Measurements
At 73 years old, Stephen Ross (economist) height not available right now. We will update Stephen Ross (economist)'s Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
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Dating & Relationship status
He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
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Stephen Ross (economist) Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Stephen Ross (economist) worth at the age of 73 years old? Stephen Ross (economist)’s income source is mostly from being a successful economist. He is from United States. We have estimated Stephen Ross (economist)'s net worth, money, salary, income, and assets.
Net Worth in 2024 |
$1 Million - $5 Million |
Salary in 2024 |
Under Review |
Net Worth in 2023 |
Pending |
Salary in 2023 |
Under Review |
House |
Not Available |
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Source of Income |
economist |
Stephen Ross (economist) Social Network
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Timeline
Stephen Alan "Steve" Ross (February 3, 1944 – March 3, 2017) was the inaugural Franco Modigliani Professor of Financial Economics at the MIT Sloan School of Management after a long career as the Sterling Professor of Economics and Finance at the Yale School of Management.
He is known for initiating several important theories and models in financial economics.
He was a widely published author in finance and economics, and was a coauthor of a best-selling Corporate Finance textbook.
He received his BS with honors from Caltech in 1965 where he majored in physics, and his PhD in economics from Harvard in 1970, and taught at the University of Pennsylvania, Yale School of Management, and MIT.
Ross is best known for the development of the arbitrage pricing theory (mid-1970s) as well as for his role in developing the binomial options pricing model (1979; also known as the Cox–Ross–Rubinstein model).
He was an initiator of the fundamental financial concept of risk-neutral pricing.
Ross also introduced a rigorous modeling of the agency problem in 1973, as seen from the principal's standpoint.
In 1985 he contributed to the creation of the Cox–Ingersoll–Ross model for interest rate dynamics.
Such theories have become an important part of the paradigm known as neoclassical finance.
Ross served as president of the American Finance Association in 1988.
He was named International Association of Financial Engineers' Financial Engineer of the Year in 1996.
He gave the inaugural lecture of the Princeton Lectures in Finance, sponsored by the Bendheim Center for Finance of Princeton University, in 2001.
It became a book in 2004, presenting neoclassical finance and defending it, including such notions as the efficiency and rationality of markets, against its critics, especially those who belong to the behavioral finance tradition.
Ross was a recipient of a 2006 Smith Breeden Prize, a 2012 Onassis Prize, a 2014 Morgan Stanley - AFA Award for Excellence in Finance, as well as a 2015 Deutsche Bank Prize for developing models used for assessing prices for options and other assets in the previous 30 years.
Ross chaired the theses of a number of prominent economists, including John Y. Campbell, Douglas Diamond, Philip H. Dybvig, and William N. Goetzmann.
Two of his students, Douglas Diamond and Philip H. Dybvig, won the Nobel Memorial Prize in Economic Sciences in 2022.