MIT Faculty Insights Series #2: Prof Roberto Rigobon

We laughed. We had moments of introspection. We realized, amongst other things, that our cell phones are not phones at all.

And at the end of the day, we understood what one of Professor Rigobon’s students meant – that like him, we would learn something from the much loved MIT Sloan professor, without even realizing it.

In light of the rush to understand, analyze and glean the value of Big Data, the Asia School of Business invited Prof Roberto Rigobon of MIT Sloan to connect with Asian leaders. Prof Rigobon walked us through some shortfalls of the current methods of measuring economic indicators – and had us think about the effect of making decisions based on such data.

And so the Billion Prices Project was born.

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Roberto Rigobon is the Society of Sloan Fellows Professor of Management and a Professor of Applied Economics at the MIT Sloan School of Management. He is also a research associate of the National Bureau of Economic Research, a member of the Census Bureau’s Scientific Advisory Committee, and a visiting professor at IESA.

Roberto is a Venezuelan economist whose areas of research are international economics, monetary economics, and development economics.

Roberto focuses on the causes of balance-of-payments crises, financial crises, and the propagation of them across countries—the phenomenon that has been identified in the literature as contagion. Currently he studies properties of international pricing practices, trying to produce alternative measures of inflation. He is one of the two founding members of the Billion Prices Project, and a co-founder of PriceStats.

The MIT Faculty Insights Series is a platform for MIT Faculty visiting the Asia School of Business to share their recent research as well as participate in a Q&A session with the attendees. Participants will have the opportunity to tap into faculty expertise, as well as experience interactions on cutting-edge topics, which contribute to the Asia School of Business learning culture.

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