This paper incorporates and updates some results from our 2017 NBER working paper Crash beliefs from investor surveys (No. w22143) National Bureau of Economic Research. We thank the U.S. National Science Foundation, Whitebox Advisors, and the International Center for Finance at the Yale School of Management for support with the survey data. We thank Francesco Fabozzi for research support, particularly with the development of the LLM. We thank Ravi Dhar, Campbell Harvey, John Leahy, Ian Martin, Nathan Novemsky, Deborah Small and Chen Wang for helpful discussions. We thank Leigh Ann Clark, Sumithra Sudhir and Minhua Wan for data assistance. We thank conference participants in the NBER Summer Institute Behavioral Macro and Big Data sessions. INQUIRE-UK 2 and seminar participants at the University of Alberta for their valuable comments. The authors take responsibility for all errors. The opinions expressed are those of the authors and do not necessarily reflect those of the Office of Financial Research, the U.S. Department of the Treasury, or the National Bureau of Economic Research. Portions of the paper were commenced prior to affiliation with the Office of Financial Research. All errors are ours alone.
William N. Goetzmann
My external activities are disclosed on my website at:
http://viking.som.yale.edu/outside%20activities%202015.pdf
Funding for the survey is currently provided by the International Center for Finance at the Yale School of Management
Robert J. Shiller
2020 March 7
Disclosure of Outside Activities
Robert J. Shiller
List of activities outside principal Yale University employment since 2008.
Currently engaged in the development of a stock market index family with Barclays Investment Bank, a division of Barclays PLC, in London, based on my research on time series properties of stock prices: https://indices.barclays/IM/21/en/indices/static/shiller.app
Speeches
In addition to academic lectures and talks, represented by a speakers bureau, The Leigh Bureau, Bridgewater NJ, for for-fee talks.
Boards and Advisory panels
Competitive Markets Advisory Council, CME Group (formerly Chicago Mercantile Exchange), Chicago IL
Index Committee for the S&P/Case-Shiller Home Price Indices, Standard & Poor’s (unpaid)
Other Activities
Newspaper Column Project Syndicate
Column “Economic View”, New York Times,
President Jan 2016-Jan 2017, American Economic Association
