Gib Bassett
Emeritus Professor
Department of Finance
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About
Gib Bassett is Emeritus Professor of Finance and Economics at the University of Illinois at Chicago. He is the founding director of the International Center for Futures and Derivatives at UIC. He co-developed quantile regression, which was recognized by the Journal of Economic Perspectives as one of the most significant advances in economics in the past 50 years. His research has appeared in leading journals in Finance, Economics, and Statistics. He worked at the Chicago Union Stock Yards, a summer job while in college, recording prices from the ticker tape to a blackboard; before markets opened, he sorted live hogs delivered to the stockyards overnight. Since 2003, he has taught The Chicago Exchanges course at UIC.