Robert J. Shiller
| Robert J. Shiller | |
|---|---|
 |
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| Born |
Robert James Shiller March 29, 1946 Detroit, Michigan |
| Nationality | American |
| Institution | Yale University |
| Field |
Financial economics Behavioral finance |
| School or tradition |
New Keynesian economics, Behavioral economics |
| Alma mater |
Michigan (B.A. 1967) MIT (Ph.D. 1972) |
| Doctoral advisor |
Franco Modigliani |
| Doctoral students |
John Y. Campbell |
| Influences |
John Maynard Keynes George Akerlof Irving Fisher |
| Influenced |
Pierre Perron Eric Janszen |
| Contributions | Irrational Exuberance, Case-Shiller index |
| Awards | Deutsche Bank Prize (2009) Nobel Memorial Prize in Economics (2013) |
| Information at IDEAS / RePEc | |
| Signature | |
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Robert James "Bob" Shiller (born March 29, 1946) is an American Nobel Laureate, economist, academic, and best-selling author. He currently serves as a Sterling Professor of Economics at Yale University and is a fellow at the Yale School of Management's International Center for Finance. Shiller has been a research associate of the National Bureau of Economic Research (NBER) since 1980, was vice president of the American Economic Association in 2005, and president of the Eastern Economic Association for 2006–2007. He is also the co‑founder and chief economist of the investment management firm MacroMarkets LLC.
Shiller is ranked among the 100 most influential economists of the world.Eugene Fama, Lars Peter Hansen and Shiller jointly received the 2013 Nobel Memorial Prize in Economic Sciences, "for their empirical analysis of asset prices".
Shiller was born in Detroit, Michigan, the son of Ruth R. (née Radsville) and Benjamin Peter Shiller, an economist. He is of Lithuanian descent. He is married to Virginia Marie (Faulstich), a psychologist, and has two children. He was raised as a Methodist.
Shiller studied at Kalamazoo College and the University of Michigan where he received his B.A. degree in 1967. He received the S.M. degree from the Massachusetts Institute of Technology (MIT) in 1968, and his Ph.D. from MIT in 1972 with thesis entitled Rational expectations and the structure of interest rates under the supervision of Franco Modigliani.
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