Robert Jarrow (Economist)

Robert Jarrow is a prominent economist known for his significant contributions to the field of finance, particularly in options pricing and risk management. He co-developed the Jarrow-Rudd model, which helps in determining the fair value of financial derivatives. Jarrow’s work on the term structure of interest rates and credit risk has also been influential in modern financial theory. His research aids investors and financial institutions in better understanding and managing complex financial products and risks, ultimately contributing to more stable and efficient markets.