Robert Shiller's Email & Phone Number

📖 Summary

Robert Shiller is an American economist and academic who has made significant contributions to the field of finance and economics. Born on March 29, 1946, in Detroit, Michigan, Shiller is known for his pioneering work in the areas of behavioral finance and financial markets.

Shiller completed his undergraduate studies at the University of Michigan, where he received a Bachelor of Arts degree in 1967. He went on to pursue a Master of Science degree in economics from the Massachusetts Institute of Technology (MIT) and earned his Ph.D. in economics from the same institution in 1972.

Shiller has had a distinguished academic career, including teaching positions at the University of Minnesota, the University of Pennsylvania, and Yale University. He is currently Sterling Professor of Economics at Yale and serves as a fellow at the Yale School of Management's International Center for Finance.

One of Shiller's most significant contributions to the field of economics is his research on the behavior of financial markets. His work challenges the efficient market hypothesis, which posits that asset prices fully reflect all available information. Shiller's research has shown that market prices are influenced by human emotions and irrational behavior, leading to the creation of the field of behavioral finance.

In addition to his academic work, Shiller is also known for his role as a bestselling author. He has written several influential books, including "Irrational Exuberance," which warned of the financial bubble in the stock market in the late 1990s, and "Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism," which he co-authored with George Akerlof.

Shiller is also the co-creator of the Case-Shiller Home Price Index, a widely followed measure of U.S. home prices. The index is considered an important indicator of the health of the housing market and has become an essential tool for policymakers, economists, and investors.

In addition to his academic and research pursuits, Shiller has been an influential voice in the public discourse on economic and financial issues. He has been a frequent commentator in the media, providing expert analysis on topics such as market trends, housing prices, and the impact of economic policies. Shiller's ability to communicate complex economic concepts in an accessible manner has made him a trusted and respected authority in the field.

Shiller's work has earned him numerous honors and awards, including the Nobel Prize in Economic Sciences, which he shared with Eugene Fama and Lars Peter Hansen in 2013. This prestigious award recognized Shiller's groundbreaking research on the pricing of assets and the dynamics of financial markets.

In addition to his academic achievements, Shiller is also known for his philanthropic efforts and commitment to economic education. He has been involved in initiatives aimed at improving financial literacy and promoting a better understanding of economic principles among the general public.

Robert Shiller's pioneering work in behavioral finance and financial markets has had a profound impact on the field of economics. His research has challenged traditional economic theories and has deepened our understanding of the complexities of human behavior in financial decision-making. Through his academic work, influential writing, and public advocacy, Shiller has significantly shaped the discourse on economic and financial issues and has left an indelible mark on the field of economics.