John Y. Campbell

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John Young Campbell (born May 17, 1958 ) is a British- American economist and university professor who holds the Morton L. and Carole S. Olshan Professorship in Economics at Harvard University . He is also chairman of the Department of Economics at Harvard University and one of the most cited economists.

education

Campbell attended Corpus Christi College at the University of Oxford from 1976 to 1979 , where he received a BA First Class in 1979 . He then moved to Yale University , which gave him an M.Phil. and a Ph.D. in 1984 awarded. Campbell did his doctorate under the supervision of Robert Shiller .

Professional background

After his Ph.D. Campbell accepted a position as Assistant Professor of Economics and Public Affairs at Princeton University and was promoted to full professor in 1989 . In 1994 Campbell accepted an offer at Harvard University , where he became Otto Eckstein Professor of Applied Economics, before becoming Harvard College Professor in 2006 and the Morton L. and Carole S. Olshan Professorship in Economics in 2011. Campbell has also been chairman of the Department of Economics at Harvard University since 2009. During his career, Campbell was visiting professor at several other universities, including the London School of Economics (1989–1990), the Wharton School of the University of Pennsylvania (1993–1994), the Gerzensee Study Center (1997), MIT (1998 -1999) and the NTNU in Trondheim (2000).

At the same time, Campbell is editor of the business journals Journal of Financial Econometrics and Journal of Money, Credit, and Banking . In the past he was editor-in-chief of the Review of Economics and Statistics , co-editor-in-chief of the American Economic Review and editor of the American Economic Journal: Macroeconomics , Econometrica , the Economics Letters , the Review of Economic Studies , the Journal of Financial Economics , the Journal of Applied Econometrics and the Review of Financial Studies .

research

According to the economics publication database IDEAS, John Y. Campbell is one of the most research-oriented economists in the world and is currently ranked 11th in the overall IDEAS ranking. Campbell's most cited research paper is an article written in 1994 with John Cochrane called " By force of habit: a consumption-based explanation of aggregate stock market behavior ". In this article, Campbell and Cochrane develop a model based on consumption theory that can be used to explain a large number of the phenomena that occur in stock markets. Campbell conducts general research on finance and macroeconomics , particularly fixed income , equity valuation, and portfolio theory .

He is a Fellow of the American Academy of Arts and Sciences .

Books

  • Campbell, John Y., Andrew W. Lo, A. Craig MacKinlay (1997): The Econometrics of Financial Markets , Princeton University Press.
  • Campbell, John Y., Luis M. Viceira (2002): Strategic Asset Allocation: Portfolio Choice for Long-Term Investors , Oxford University Press.
  • Squam Lake Group (including Kenneth French ) (2010): Fixing the Financial System , Princeton University Press.

Individual evidence

  1. ↑ Overall ranking of the economic publications database IDEAS (English)
  2. ↑ Article profile of By force of habit: a consumption-based explanation of aggregate stock market behavior (1994) on IDEAS (English)
  3. ↑ John Campbell's biography on the Harvard University website (English)
  4. ^ Book of Members

source

personal data
SURNAME Campbell, John Y.
ALTERNATIVE NAMES Campbell, John Young (full name)
BRIEF DESCRIPTION British-American economist and university professor
DATE OF BIRTH 17th May 1958