Regular biography
John Y. Campbell is a Professor of Economics at Harvard University, affiliated with the Department of Economics. His research focuses on Asset Pricing and Macroeconomics. He has published over 100 articles on finance and macroeconomics, including fixed-income securities, equity valuation, portfolio choice, and household finance. His books include Fixed: Why Personal Finance is Broken and How to Make It Work for Everyone (with Tarun Ramadorai, forthcoming Princeton University Press 2025), Financial Decisions and Markets: A Course in Asset Pricing (PUP 2018), The Squam Lake Report: Fixing the Financial System (with the Squam Lake Group of financial economists, PUP 2010), Strategic Asset Allocation: Portfolio Choice for Long-Term Investors (with Luis Viceira, Oxford University Press 2002), and The Econometrics of Financial Markets (with Andrew Lo and Craig MacKinlay, PUP 1997). He delivered the Ely Lecture to the American Economic Association in 2016 and served as President of the American Finance Association in 2005. He is a Research Associate and former Director of the Program in Asset Pricing at the National Bureau of Economic Research, a Fellow of the Econometric Society and the American Academy of Arts and Sciences, a Corresponding Fellow of the British Academy and Honorary Fellow of Corpus Christi College, Oxford, and holds honorary doctorates from BI Norwegian Business School, the University of Maastricht, the University of Paris Dauphine, and Copenhagen Business School. Campbell co-founded and serves on the board of Arrowstreet Capital, LP, a Boston-based quantitative asset management company.
Scholar-generated biography
John Y. Campbell is the Morton L. and Carole S. Olshan Professor of Economics at Harvard University, specializing in Financial Economics. His research explores the interplay between financial markets, macroeconomic variables, and asset pricing. Key areas include stock market behavior, dividend dynamics, and risk factors influencing asset returns. His work often integrates empirical methods with theoretical models to analyze financial data and market trends. Campbell's publications address topics such as idiosyncratic risk, excess returns, and the relationship between consumption and interest rates. His research has significantly contributed to understanding the complexities of financial markets and investment strategies.