معرفی
Edward Tower is a Professor in the Department of Economics at Duke University, Trinity College of Arts & Sciences. His research is centered on financial economics, particularly mutual fund performance, indexation strategies, and labor market policies. He has published extensively through the Economic Research Initiatives at Duke (ERID), with a strong focus on evaluating major fund families like Vanguard, Fidelity, DFA, and GMO.
- Department: Department of Economics
- Institution: Duke University
- School: Trinity College of Arts & Sciences
His research interests span financial economics, investment management, active versus passive investing, asset allocation, and labor economics, particularly minimum wage policy. Tower has made significant contributions to understanding the efficiency and performance of index funds, ETFs, and enhanced indexing strategies, often comparing real-world fund outcomes against benchmarks.
The trend in his recent publications reveals a sustained focus on investment fund performance, cost structures, and market efficiency. His work frequently analyzes Vanguard and Fidelity funds, investigates the value added by active management, and assesses the predictive power of financial metrics like CAPE and Tobin’s Q. He also explores broader economic issues such as trade deficits, tariff policy, and wage taxation.
Edward Tower has collaborated with numerous students and colleagues, including Yang Wang, Chong Li, Rhona Zhang, and Zhang Yichong. His work has been supported by academic initiatives such as ERID, and he has contributed to handbooks and policy analyses. While no formal grants are listed, his research output suggests sustained institutional and academic support.
He has co-authored papers with students and professionals across institutions, indicating active mentorship and collaborative research. Though no formal lab or research team is mentioned, his prolific output through working paper series suggests a structured research agenda, likely involving graduate and undergraduate researchers.
