John Cochrane

Institute Research Council
AQR Capital Management Professor of Finance in the University of Chicago Booth School of Business

John H. Cochrane conducts research on dynamics in stock and bond markets, the volatility of exchange rates, the term structure of interest rates, the returns to venture capital, liquidity premiums in stock prices, the relation between stock prices and business cycles, option pricing when investors can’t perfectly hedge, and monetary economics, including the fiscal theory of the price level. He is vice president of the American Finance Association, a research associate and past director of the asset pricing program of the National Bureau of Economic Research, and a fellow of the Econometric Society. He has been an editor of the Journal of Political Economy, and associate editor of a number of journals, including the Journal of Monetary Economics, the Journal of Business, and the Journal of Economic Dynamics and Control. His recent publications include the book Asset Pricing and numerous articles on his research topics.

Activities

Events

• Assessing Sovereign Risk (Panelist)

Research

• Working group member with the Institute's Financial Sector Linkages to the Macroeconomy Research Initiative