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Robert J. Shiller

Robert J. Shiller is Arthur M. Okun Professor of Economics at Yale University. He is the author of Finance and the Good Society and other books.

Titles by This Author

Market Volatility proposes an innovative theory, backed by substantial statistical evidence, on the causes of price fluctuations in speculative markets. It challenges the standard efficient markets model for explaining asset prices by emphasizing the significant role that popular opinion or psychology can play in price volatility.Why does the stock market crash from time to time? Why does real estate go in and out of booms? Why do long term borrowing rates suddenly make surprising shifts?