Robert R. Bliss is Professor of Finance at the School of Business at Wake Forest University, where he teaches courses in derivatives, financial engineering, and capital markets. Prior to returning to academia, Dr. Bliss served as a senior financial economist at Federal Reserve Bank of Chicago and held research positions at the Bank of England and the Federal Reserve Bank of Atlanta. Previously, Dr. Bliss taught finance at Indiana University. Professor Bliss’s research interests include fixed income securities and derivatives, structured finance, risk management, financial regulation, and the law and economics of insolvency. Professor Bliss earned his doctorate in finance from the University of Chicago.
Professor Bliss has published and spoken widely on derivatives and derivatives law, their relation to systemic risk, bank insolvency and bankruptcy, financial regulation, market discipline, systemic risk in general and the current financial crisis. He has participated in numerous international forums of regulators, academics and practitioners grappling with these issues and the reform of financial regulation.
Professor Bliss also has expertise in empirical methods and use of financial data. He has developed methods for estimating term structures, extracting implied density functions from option prices, determining the reliability these estimates and measuring market risk aversion.