Showing results 1 - 10 of 27
May 30, 2023, Paper: "The co-movement of Treasury bonds and stocks is an important indicator for both policy makers and for long-term investors. A positive co-movement between…
April 2023, Paper: "We study cointegrating relationships among fiscal variables and output and use them to introduce a new measure of the government’s fiscal position. In the US…
March 23, 2023, Paper: "Value investing delivers volatile returns, with large draw-downs both in periods of strong stock market performance such as the technology boom of the late…
August 2020, Paper: "We study mortgage design features aimed at stabilizing the macroeconomy. We model overlapping generations of mortgage borrowers and an infinitely lived risk-…
January 2020, Paper: "We show that reaching for yield a tendency to take more risk when the real interest rate declines while the risk premium remains constant results from…
September 2019. GrowthPolicy’s Devjani Roy interviewed John Y. Campbell, Morton L.…
Sources of Inaction in Household Finance: Evidence from the Danish Mortgage Market. John Y. Campbell, March 2018, Paper, "A common problem in household finance is that households…
Do the Rich Get Richer in the Stock Market? Evidence from India. John Y. Campbell, March 2018, Paper, "We use data on Indian stock portfolios to show that return heterogeneity is…
Restoring Rational Choice: The Challenge of Consumer Financial Regulation. John Y. Campbell, February 2016, Paper. "This lecture considers the case for consumer financial…
International Comparative Household Finance. John Y. Campbell, August 15, 2015, Paper. "This paper reviews the literature on international comparative household finance. The paper…