A paper coauthored by Smith’s Russell Wermers is selected for the top prize in the International Centre for Pension Management (ICPM) 2023 Research Awards.

COLLEGE PARK. Md. – June 1, 2023 – An initiative targeting both industry practitioners and students to advance their knowledge and skills in risk management and to provide innovative risk analytics tools and modeling capabilities to institutions is forthcoming from the University of Maryland’s Robert H. Smith School of Business.

One of the world’s top schools for business research, Maryland Smith also is where students experience top-level teaching in a highly supportive community. Smith chronicles and celebrates this distinction at the end of each academic year by honoring its outstanding faculty and staff members with awards of excellence.Faculty Recognition AwardsJunior Researcher Award:Musa SubasiKunpeng ZhangOutstanding Researcher Award:Rellie Derfler-RozinPK Kannan

COVID-19 lockdowns and subsequent stimulus payments left many Americans with extra time and cash. Among the effects was a surge in retail stock trading through zero-commission brokerages. This worked to drive up the share price of meme stocks and led to market volatility.

Many Maryland homeowners are increasingly faced with the threat of costly home repairs from extreme weather events. With climate change, these events are becoming more frequent and more intense. And that could mean bigger problems for homeowners – particularly those who don’t have the extra cash to handle repairs.

Federal Reserve economists predicting a mild recession as a result of the recent banking crisis has drawn varied and incisive responses from finance experts at the University of Maryland’s Robert H. Smith School of Business.

The onset of COVID-19 upended economies worldwide. In the U.S., employment fell by a combined 21.7 million between January and April 2020.