Director of the Sim Kee Boon Institute for Financial Economics at SMU and Professor of Economics and Finance Yu Jun, and Distinguished Term Professor of Economics at SMU Peter Philips, together with Professor Yangru Wu at Rutgers Business School, and Dr Shuping Shi at Australian National University, have created an early warning system for the financial industry. They designed the methodology and applied it to the vast amount of diverse data available in the financial markets. Similar to the SARS early warning system, Prof Yu explained that their method sets thresholds to classify the state of the financial market.
Asian Scientist