A U.S. university is examining a Nobel laureate over sexual harassment claims that the economicexpert’s lawyer dismisses as “professional competition.”
Philip Dybvig, who shared this year’s Nobel Prize in economics for researchstudy into bank failures, hasactually been questioned in the past numerous weeks by the Title IX workplace at Washington University in St. Louis, his attorney Andrew Miltenberg informed The Associated Press.
Miltenberg stated the accusations are “factually incorrect.” Dybvig, a longtime banking and financing teacher at the university, didn’t instantly respond to an e-mail message lookingfor remark.
Dybvig, fellow financialexpert Douglas W. Diamond and previous Federal Reserve Chair Ben Bernanke won the Nobel Prize in economics in October for researchstudy into bank failures — work that constructed on lessons discovered in the Great Depression and assisted shape America’s aggressive reaction to the 2007-2008 monetary crisis. The findings in the early 1980s laid the structures for controling monetary markets, the Nobel panel stated.
The Nobel panel at the Royal Swedish Academy of Sciences, in acknowledging the 3 wi