John Y. Campbell

John Young Campbell (born May 17, 1958) is a British-American economist. He is the Morton L. and Carole S. Olshan Professor of Economics at the Department of Economics at Harvard University since 1994.

John Y. Campbell
Born (1958-05-17) May 17, 1958
London, England
NationalityBritish-American
Academic career
InstitutionHarvard University
Princeton University
Yale University
FieldFinancial economics
Alma materUniversity of Oxford
Doctoral
advisor		Robert Shiller[1]
Information at IDEAS / RePEc

Biography

Early years

Campbell was born in London, England. He attended the Dragon School, Oxford, and was a scholar at Winchester College. He graduated with a B.A. (First Class) from Corpus Christi College, Oxford in 1979. He went on to complete his MPhil and Ph.D. (1984) in economics from Yale University.

Academic career

Campbell became an assistant professor at Princeton University in 1984. He remained on the faculty at Princeton until 1994, when he joined Harvard University, where he is currently the Morton L. and Carole S. Olshan Professor of Economics. In 2006, he was appointed a Harvard College Professor.[2]

Campbell has received various honors, including:

His invited lectures include:

  • Arrow Lectures, Stanford University, 2017
  • Richard Ely Lecture, American Economic Association, 2016
  • Princeton Lectures in Finance, 2008
  • Presidential Address, American Finance Association, 2006
  • Joint Luncheon Address to American Economic Association and American Finance Association, 2002
  • Marshall Lectures, University of Cambridge, 2001
  • Clarendon Lectures, University of Oxford, 1999

Personal life

Campbell is married with four adult children and lives in Lexington, Massachusetts.

Activities

Campbell is known for his research in financial economics, macroeconomics, and econometrics. He concentrates on asset pricing, portfolio choice for long-term investors, and household finance.

Campbell co-edited the American Economic Review from 1991 to 1993 and edited the Review of Economics and Statistics from 1996 to 2002.  He served on the executive committee of the American Economic Association from 2016 to 2018 and chaired the Association's Ad Hoc Committee to Consider a Code of Professional Conduct during this period. Campbell was Chair of the Harvard economics department from 2009 to 2012, he served on the board of the Harvard Management Company from 2004 to 2011, and he is a partner at Arrowstreet Capital, an asset management company that he helped to found in 1999.[5]

Campbell appeared in the documentary film Inside Job.

Books
  • Financial Decisions and Markets: A Course in Asset Pricing (Princeton University Press 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);
  • The Econometrics of Financial Markets (with Andrew Lo and Craig MacKinlay, PUP 1997).
  • Financial Decisions and Markets: A Course in Asset Pricing. The book gives a broad graduate-level overview of asset pricing. Campbell shows the interplay of theory and evidence in his book; the interplay gives us a sense of how theorists respond to empirical puzzles, for example by developing models with new testable implications

References
  1. Campbell, John Y. (2004), "An Interview with Robert J. Shiller", Macroeconomic Dynamics, Cambridge University Press, 8 (5): 649–683, doi:10.1017/S1365100504040027, S2CID 154975037, retrieved 2009-03-22
  2. Harvard Gazette announcement Archived 2016-03-03 at the Wayback Machine
  3. Honorary doctorate for Harvard professor John Campbell Archived 2016-03-05 at the Wayback Machine, Maastrict Univ, web site, 7 Jan 2009
  4. List of Past Presidents of Archived 2009-06-21 at the Wayback Machine IAES
  5. Arrowstreet Capital bios
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