معرفی
Robert J. Shiller is a distinguished Professor of Economics at Yale University, where he has been a faculty member since 1982. A Nobel Laureate in Economic Sciences (2013), Shiller is renowned for his groundbreaking work challenging the efficient markets hypothesis and pioneering research in behavioral finance. His career spans multiple prestigious institutions including the University of Pennsylvania (1974-81) and the Wharton School of Business (1981-82).
Shiller earned his B.A. from the University of Michigan in 1967 and his Ph.D. from MIT in 1972. His academic leadership includes serving as Vice President of the American Economic Association in 2005 and President of the Eastern Economic Association in 2006-2007. He has been a research associate for the National Bureau of Economic Research since 1980.
Shiller's research focuses on behavioral finance, where he demonstrated that stock prices fluctuate more than can be explained by dividend variations, attributing this to psychological factors. His work on economic bubbles led to accurate predictions of both the dot-com bubble (2000) and housing bubble (2003). He developed the influential Case-Shiller housing price index with Karl Case and Allan Weiss. His more recent work explores narrative economics, examining how stories spread through populations and influence economic decisions.
Shiller's publications show a consistent trajectory from empirical financial analysis to broader examinations of how human psychology shapes economic outcomes. His work increasingly addresses societal implications of financial systems, with growing emphasis on economic inequality and the social purpose of finance.
- Nobel Prize in Economic Sciences (2013) for empirical analysis of asset prices
- Pioneered the field of behavioral finance
- Developed the Case-Shiller housing price index
- Authored influential books including Irrational Exuberance and Narrative Economics
Shiller has been an influential voice in economic policy discussions, advocating for government interventions to address wealth inequality and proposing innovative financial instruments to manage economic risk. His work on narrative economics represents a significant expansion of traditional economic analysis to incorporate the spread of ideas through populations. As a teacher and mentor at Yale, he has shaped generations of economists while maintaining an active research program well into his later career.
