Nobel laureate economist faces sexual harassment investigation

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Nobel laureate economist faces sexual harassment investigation
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A U.S. university is investigating a Nobel laureate over sexual harassment allegations that the economist’s attorney dismisses as “professional rivalry.”

Byfor research into bank failures, has been questioned in the past several weeks by the Title IX office at Washington University in St. Louis, his lawyer Andrew Miltenberg told The Associated Press.

Dybvig, fellow economist Douglas W. Diamond and former Federal Reserve Chair Ben Bernanke won the Nobel Prize in economics in October for research into bank failures — work that built on lessons learned in the Great Depression and helped shape America’s aggressive response to the 2007-2008 financial crisis. The findings in the early 1980s laid the foundations for regulating financial markets, the Nobel panel said.

Bloomberg News reported that it has reviewed emails that show that the Title IX office, which handles campus sexual harassment complaints, has reached out to at least three former students since October to interview them about claims involving Dybvig. They’re among a group of seven former students Bloomberg reported it had spoken with who allege Dybvig sexually harassed them. Most of the women Bloomberg interviewed spoke on the condition of anonymity.

“As long as the university has not determined that Dybvig has done something wrong, I think we owe him an untarnished celebration of his great scientific achievement,” Ellingsen told Bloomberg.The university didn’t immediately respond Friday to emails and phone messages from the AP. University spokesperson Julie Flory told Bloomberg that the school doesn’t comment on specific cases but takes sexual misconduct seriously and will investigate any allegations.

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