People

  1. Home
  2. People
  3. Robert Shiller
Robert Shiller

Robert Shiller

Formal First Name
Robert
Links
Twitter LinkedIn
Dates
1946 - present
Location
Connecticut
Robert Shiller is a Nobel Prize-winning economist, bestselling author, academic, and the Sterling Professor Emeritus of Economics at Yale University. He has written on financial markets, financial innovation, behavioral economics, macroeconomics, real estate, statistical methods, and on public attitudes, opinions, and moral judgments regarding markets. Shiller’s contributions range from research on asset pricing volatility to prediction and analysis of financial bubbles. His most important contribution to economic measurement is the Case-Shiller index of housing prices, which he developed with economists Karl Case and Allan Weiss. In 2013, he was awarded the Nobel Prize in Economic Sciences, together with Eugene Fama and Lars Peter Hansen of the University of Chicago, “for their empirical analysis of asset prices.” He writes a regular column, "Finance in the 21st Century", for Project Syndicate, which publishes around the world, and "Economic View" for The New York Times.

Professional Experience

Academic History

CURRENT AFFILIATIONS


MARKET CALLS & CONTRIBUTIONS

  • Shiller’s most important contribution to economic measurement is the Case-Shiller index of housing prices, which he developed with economists Karl Case and Allan Weiss. 

  • He predicted two major asset bubbles, asset prices that are higher than justified by market fundamentals. 

  • The Case-Shiller index was at 130 when he claimed the bubble, peaked in 2005 at 175, and fell to a low of 117 in 2009.


EARLY CAREER

  • Shiller co-founded Case Shiller Weiss, which produced the Case-Shiller Home Price Indices that have traded on the Chicago Mercantile Exchange and are now published by Standard & Poor’s.

  • He was a Co-Founder of MacroMarkets which launched "Macroshares," representing oil and home prices, which were traded on the American Stock Exchange and the New York Stock Exchange.

  • He served as Vice President of the American Economic Association for 2005; as President of the Eastern Economic Association for 2006-07; and as President of the American Economic Association for 2016.

  • He has also collaborated with Barclays Bank PLC on an array of financial indices and products.


RECOGNITIONS


MEDIA & PUBLICATIONS

Warnings and Disclaimers

The information contained herein is obtained from sources believed to be reliable, but its accuracy cannot be guaranteed. It is not designed to meet your personal financial situation - we are not investment advisors nor do we give personalized investment advice. The opinions expressed herein are those of the publisher and are subject to change without notice. It may become outdated an there is no obligation to update any such information.

Copyright Finnotes.org © 2018 - 2020