It is hard to believe that it has been half-a-year.
I still vividly remember coming back to my office
from teaching just about half-an-hour after the
official Prize announcement to find my answering
machine loaded with calls from journalists wanting
a quick reaction and/or sound bite. And Stockholm,
what a fairytale! Hardly a day goes by without
Marian and myself thinking back and talking about
that once-in-a-lifetime experience.
From a professional perspective it is also hard to
overestimate the positive effect that the Prize has
had for all of us working in the same general area
as Rob. No economist looks at ARCH and volatility
research quite the same way since October 8, 2003.
Personally I have clearly benefitted immensely from
being associated with some of the early ARCH papers.
How fortunate I was to arrive as Rob’s graduate
student in San Diego at exactly the right time some
twenty plus years ago. Thanks for everything.
Tim Bollerslev
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