Sean Myers

Sean Myers is an Assistant Professor of Finance at the Wharton School, University of Pennsylvania, focusing on asset pricing and macroeconomics with a special emphasis on subjective expectations. His research explores how investor expectations and biases influence financial markets and valuation mechanisms.

• University: University of Pennsylvania
• School: Wharton School
• Department: Finance Department
• Academic Rank: Assistant Professor

Myers' research investigates the drivers behind stock valuation ratios, including the dominance of expected returns over earnings growth in explaining price-earnings dispersion. He also examines how subjective expectations and belief distortions affect asset pricing models and macroeconomic outcomes, such as inflation and GDP growth. His work incorporates behavioral elements like extrapolation and learning mechanisms to reconcile valuation anomalies.

Recent publications include analyses of municipal insolvency dynamics and the role of pension obligations in sovereign debt management. His studies often combine theoretical models with empirical validation using survey data and real-world financial datasets.

Scientific Awards

• EFA Annual Meeting Best Paper Award, 2024
• Driehaus Center for Behavioral Finance Research Prize, 2024
• 2023 Marshall Blume Prize in Financial Research
• 2023 Jacobs Levy Center Research Paper Prize for Best Paper

Myers has been featured in prominent media outlets including CNBC and Knowledge at Wharton, discussing topics like stock valuation mechanics, macroeconomic forecast biases, and financial market anomalies.