SMU Lee Kong Chian Professor Li Jia (IMAGE) Singapore Management University Caption SMU Lee Kong Chian Professor Li Jia makes an important contribution to Econometric Theory by showing spot regressions are the solution for measuring the systematic risks of financial assets during extreme market conditions. Credit Singapore Management University Usage Restrictions Please include image credit. License Original content Disclaimer: AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert system.