Publications by Robert J. Shiller

2012
Finance and the Good Society
R. Shiller
Type: Book
2012
2011
Continuous Workout Mortgages
R. J. Shiller, R. M. Wojakowski, M. Shahid Ebrahim, and M. B. Shackleton
Type: Working Paper
2011
Economists as worldly philosophers
R. Shiller and V. Shiller
American Economic Review
Type: Article
2011
Irving Fisher, Debt Deflation and Crises'
R. J. Shiller
Type: Working Paper
2011
2010
How should the financial crisis change how we teach economics?
R. J. Shiller
The Journal of Economic Education
Type: Article
2010
Property derivatives for managing european real-estate risk
F. J. Fabozzi, R. J. Shiller and R. S. Tunaru
European Financial Management
Type: Article
2010
Trills Instead of T-Bills: It's Time to Replace Part of Government Debt with Shares in GDP
M. J. Kamstra and R. J. Shiller
The Economists Voice
Type: Article
2010
2009
The Case for Trills: Giving the People and Their Pension Funds a Stake in the Wealth of the Nation
M. Kamstra and R. J. Shiller
Type: Working Paper
2009
Hedging real estate risk
F. J. Fabozzi, R. J. Shiller and R. S. Tunaru
The Journal of Portfolio Management
Type: Article
2009
The new financial order: Risk in the 21st century
R. J. Shiller
Type: Book
2009
Understanding Inflation-Indexed Bond Markets
R. J. Shiller, J. Y. Campbell, and L. M. Viceira
Type: Working Paper
2009
Unlearned lessons from the housing bubble
R. J. Shiller
The Economists' Voice
Type: Article
2009
2008
Understanding recent trends in house prices and home ownership
R. J. Shiller
Housing, Housing Finance and Monetary Policy, Jackson Hole Conference Series
Type: Article
2008
2007
Low interest rates and high asset prices: An interpretation in terms of changing popular economic models
R. J. Shiller
Brookings Papers on Economic Activity
Type: Article
2007
Samuelson's dictum and the stock market
J. Jung and R. J. Shiller
Economic Inquiry
Type: Article
2007
2006
Designing indexed units of account
R. J. Shiller
Type: Article
2006
Irrational exuberance revisited
R. J. Shiller
Other Publications
Type: Article
2006
Life-cycle personal accounts proposal for Social Security: An evaluation of President Bush's proposal
R. J. Shiller
Journal of policy modeling
Type: Article
2006
Long-term perspectives on the current boom in home prices
R. J. Shiller
The Economists' Voice
Type: Article
2006
Tools for financial innovation: neoclassical versus behavioral finance
R. J. Shiller
Financial Review
Type: Article
2006
2005
Behavioral economics and institutional innovation
R. Shiller
Southern Economic Journal
Type: Article
2005
Comparing wealth effects: the stock market versus the housing market
K. E. Case, J. M. Quigley and R. J. Shiller
Advances in Macroeconomics
Type: Article
2005
The invention of inflation-indexed bonds in early America
R. J. Shiller
he Origins of Value: The Financial Innovations that Created Modern Capital Markets
Type: Article
2005
The Life-Cycle Personal Accounts Proposal for Social Security: An Evaluation
R. J. Shiller
Type: Working Paper
2005
Life-cycle portfolios as government policy
R. J. Shiller
The Economists' Voice
Type: Article
2005
Valuation ratios and the long-run stock market outlook: An update
J. Y. Campbell and R. J. Shiller
Advances in Behavioral Finance
Type: Article
2005
2004
Home-buyers, Housing and the Macroeconomy
K. E. Case, J. M. Quigley and R. J. Shiller
Asset Prices and Monetary Policy
Type: Article
2004
Radical financial innovation
R. Shiller
Entrepreneurship, Innovation and the Growth Mechanism of the Free Market Economics, in Honor of William Baunol
Type: Article
2004
2003
From efficient markets theory to behavioral finance
R. J. Shiller
The Journal of Economic Perspectives
Type: Article
2003
Is there a bubble in the housing market?
K. E. Case and R. J. Shiller
Brookings Papers on Economic Activity
Type: Article
2003
Social security and individual accounts as elements of overall risk-sharing
R. J. Shiller
The American Economic Review
Type: Article
2003
2002
Bubbles, human judgment, and expert opinion
R. J. Shiller
Financial Analysts Journal
Type: Article
2002
Defining residual risk-sharing opportunities: Pooling world income components
S. G. Athanasoulis and R. J. Shiller
Research in Economics
Type: Article
2002
Macro markets and financial security
S. Athanasoulis, R. Shiller and E. Van Wincoop
Entrepreneurial Economics: Bright Ideas from the Dismal Science
Type: Article
2002
One Simple Test of Samuelson's Dictum for the Stock Market
J. Jung and R. J. Shiller
Type: Working Paper
2002
2001
Exuberant reporting
R. J. Shiller
Harvard International Review
Type: Article
2001
World income components: measuring and exploiting risk-sharing opportunities
S. G. Athanasoulis and R. J. Shiller
American Economic Review
Type: Article
2001
2000
Irrational Exuberance
R. Shiller
Type: Book
2000
Measuring bubble expectations and investor confidence
R. J. Shiller
The Journal of Psychology and Financial Markets
Type: Article
2000
Moral hazard in home equity conversion
R. J. Shiller and A. N. Weiss
Real Estate Economics
Type: Article
2000
The significance of the market portfolio
S. G. Athanasoulis and R. J. Shiller
Review of Financial Studies
Type: Article
2000
1999
Evaluating real estate valuation systems
R. J. Shiller and A. N. Weiss
The Journal of Real Estate Finance and Economics
Type: Article
1999
Home equity insurance
R. J. Shiller and A. N. Weiss
The Journal of Real Estate Finance and Economics
Type: Article
1999
Human behavior and the efficiency of the financial system
R. J. Shiller
Handbook of macroeconomics
Type: Article
1999
Social security and institutions for intergenerational, intragenerational, and international risk-sharing
R. J. Shiller
Carnegie-Rochester Conference Series on Public Policy
Type: Article
1999
1998
Indexed units of account: Theory and assessment of historical experience
R. J. Shiller
Type: Article
1998
Labor income indices designed for use in contracts promoting income risk management
R. J. Shiller and R. Schneider
Review of Income and Wealth
Type: Article
1998
1997
Expanding the scope of individual risk management: Moral hazard and other behavioral considerations
R. J. Shiller
COWLES FOUNDATION DISCUSSION PAPER
Type: Article
1997
Public resistance to indexation: A puzzle
R. J. Shiller, C. L. Schultze and R. E. Hall
Brookings Papers on Economic Activity
Type: Article
1997
1996
Mortgage default risk and real estate prices: the use of index-based futures and options in real estate
K. E. Case, R. J. Shiller and A. N. Weiss
Journal of Housing Research
Type: Article
1996
A scorecard for indexed government debt
J. Y. Campbell and R. J. Shiller
NBER Macroeconomics Annual 1996, Volume 11
Type: Article
1996
Why did the Nikkei crash? Expanding the scope of expectations data collection
R. J. Shiller, F. Kon-Ya and Y. Tsutsui
The Review of Economics and Statistics
Type: Article
1996
1995
Aggregate income risks and hedging mechanisms
R. J. Shiller
The Quarterly Review of Economics and Finance
Type: Article
1995
Conversation, information, and herd behavior
R. J. Shiller
The American Economic Review
Type: Article
1995
Hedging inflation and income risks
R. J. Shiller
The Manchester School
Type: Article
1995
World Income Components: Measuring and Exploiting International Risk Sharing Opportunities
R. J. Shiller and S. Athanasoulis
Type: Working Paper
1995
1994
A Decade of Boom and Bust in the Prices of Single Family Homes: Boston and Los Angeles
K. E. Case and R. Shiller
New England Economic Review
Type: Article
1994
Macro Markets: Creating Institutions for Managing Society's Largest Economic Risks: Creating Institutions for Managing Society's Largest Economic Risks
R. J. Shiller
Type: Book
1994
1993
Index-based futures and options markets in real estate
K. E. Case Jr, R. J. Shiller and A. N. Weiss
The Journal of Portfolio Management
Type: Article
1993
Measuring asset values for cash settlement in derivative markets: hedonic repeated measures indices and perpetual futures
R. J. Shiller
The Journal of Finance
Type: Article
1993
1992
Hunting for Homo Sovieticus: Situational versus attitudinal factors in economic behavior
R. J. Shiller, M. Boycko, V. Korobov, S. G. Winter and T. Schelling
Brookings Papers on Economic Activity
Type: Article
1992
Stock prices and bond yields: Can their comovements be explained in terms of present value models?
R. J. Shiller and A. E. Beltratti
Journal of Monetary Economics
Type: Article
1992
1991
Arithmetic repeat sales price estimators
R. J. Shiller
Journal of Housing Economics
Type: Article
1991
Investor behavior in the October 1987 stock market crash: The case of Japan
R. J. Shiller, F. Kon-Ya and Y. Tsutsui
Journal of the Japanese and International Economies
Type: Article
1991
Popular attitudes towards free markets: The Soviet Union and the United States compared
R. J. Shiller, M. Boycko and V. Korobov
American Economic Review
Type: Article
1991
Yield spreads and interest rate movements: A bird's eye view
J. Y. Campbell and R. J. Shiller
The Review of Economic Studies
Type: Article
1991
1990
Comparing information in forecasts from econometric models
R. C. Fair and R. J. Shiller
The American Economic Review
Type: Article
1990
Forecasting prices and excess returns in the housing market
K. E. Case and R. J. Shiller
Real Estate Economics
Type: Article
1990
Market volatility and investor behavior
R. J. Shiller
The American Economic Review
Type: Article
1990
A Scott-Type Regression Test of the Dividend Ratio Model
R. J. Shiller
The Review of Economics and Statistics
Type: Article
1990
Speculative prices and popular models
R. J. Shiller
The Journal of Economic Perspectives
Type: Article
1990
1989
The behavior of home buyers in boom and post-boom markets
K. E. Case and R. J. Shiller
New England Economic Review
Type: Article
1989
Comovements in stock prices and comovements in dividends
R. J. Shiller
The Journal of Finance
Type: Article
1989
The dividend ratio model and small sample bias: a Monte Carlo study
J. Y. Campbell and R. J. Shiller
Economics letters
Type: Article
1989
The efficiency of the market for single-family homes
K. E. Case and R. J. Shiller
New England Economic Review
Type: Article
1989
The informational content of ex ante forecasts
R. C. Fair and R. J. Shiller
Review of Economics and Statistics
Type: Article
1989
Initial Public Offerings: Investor Behavior and Underpricing
R. J. Shiller
Type: Working Paper
1989
Survey evidence on diffusion of interest and information among investors
R. J. Shiller and J. Pound
Journal of Economic Behavior & Organization
Type: Article
1989
The term structure of interest rates
R. J. Shiller and J. H. McCulloch
Handbook of Monetary Economics
Type: Article
1989
1988
Causes of changing financial market volatility
R. J. Shiller
Financial Market Volatility: A Symposium Sponsored by the Federal Reserve Bank of Kansas City
Type: Article
1988
The dividend-price ratio and expectations of future dividends and discount factors
J. Y. Campbell and R. J. Shiller
Review of financial studies
Type: Article
1988
Fashions, fads, and bubbles in financial markets
R. J. Shiller
Knights, Raiders and Targets, New York ua
Type: Article
1988
Interpreting cointegrated models
J. Y. Campbell and R. J. Shiller
Journal of Economic Dynamics and Control
Type: Article
1988
Portfolio insurance and other investor fashions as factors in the 1987 stock market crash
R. Shiller
NBER Macroeconomics Annual 1988, Volume 3
Type: Article
1988
Stock prices, earnings, and expected dividends
J. Y. Campbell and R. J. Shiller
The Journal of Finance
Type: Article
1988
The volatility debate
R. J. Shiller
American journal of agricultural economics
Type: Article
1988
1987
Are institutional investors speculators? Not in the strict sense of the word
J. Pound and R. J. Shiller
The Journal of Portfolio Management
Type: Article
1987
Conventional valuation and the term structure of interest rates
R. J. Shiller
Macroeconomics and Finance: Essays in Honor of Franco Modigliani
Type: Article
1987
Estimating the continuous-time consumption-based asset-pricing model
S. J. Grossman, A. Melino and R. J. Shiller
Journal of Business & Economic Statistics
Type: Article
1987
Prices of single family homes since 1970: New indexes for four cities
K. E. Case and R. J. Shiller
New England Economic Review
Type: Article
1987
Ultimate sources of aggregate variability
R. J. Shiller
The American Economic Review: Papers and Proceedings
Type: Article
1987
1986
The Marsh-Merton model of managers' smoothing of dividends
R. J. Shiller
The American Economic Review
Type: Article
1986
1985
Testing the random walk hypothesis: power versus frequency of observation
R. J. Shiller and P. Perron
Economics Letters
Type: Article
1985
1984
The determinants of interest rates: Old controversies reopened. A simple account of the behavior of long-term interest rates
J. Y. Campbell and R. Shiller
American Economic Review
Type: Article
1984
Smoothness priors and nonlinear regression
R. J. Shiller
Journal of the American Statistical Association
Type: Article
1984
Stock prices and social dynamics
R. J. Shiller, S. Fischer and B. M. Friedman
Brookings Papers on Economic Activity
Type: Article
1984
1983
Forward rates and future policy: Interpreting the term structure of interest rates
R. J. Shiller, J. Y. Campbell, K. L. Schoenholtz and L. Weiss
Brookings Papers on Economic Activity
Type: Article
1983
1982
Consumption, asset markets, and macroeconomic fluctuations
R. J. Shiller
Type: Article
1982
Consumption correlatedness and risk measurement in economies with non-traded assets and heterogeneous information
S. J. Grossman and R. J. Shiller
Journal of financial Economics
Type: Article
1982
1981
Alternative tests of rational expectations models: the case of the term structure
R. J. Shiller
Journal of Econometrics
Type: Article
1981
The determinants of the variability of stock market prices
S. J. Grossman and R. J. Shiller
American Economic Review
Type: Article
1981
Do stock prices move too much to be justified by subsequent changes in dividends?
R. J. Shiller
American Economic Review
Type: Article
1981
The Use of Volatility Measures in Assessing Market Efficiency*
R. J. Shiller
The Journal of Finance
Type: Article
1981
1980
Can the Fed Control Real Interest Rates?
R. J. Shiller
Rational expectations and economic policy
Type: Article
1980
Distributed Lag Estimators Based on Linear Coefficient Restrictions and the Bayesian Generalizations of These Estimators
R. J. Shiller
IHS Journal
Type: Article
1980
1979
Coupon and tax effects on new and seasoned bond yields and the measurement of the cost of debt capital
R. J. Shiller and F. Modigliani
Journal of Financial Economics
Type: Article
1979
The volatility of long-term interest rates and expectations models of the term structure
R. J. Shiller
The Journal of Political Economy
Type: Article
1979
1978
Rational expectations and the dynamic structure of macroeconomic models: A critical review
R. J. Shiller
Journal of Monetary Economics
Type: Article
1978
1977
The Gibson paradox and historical movements in real interest rates
R. J. Shiller and J. J. Siegel
The Journal of Political Economy
Type: Article
1977
1973
A distributed lag estimator derived from smoothness priors
R. J. Shiller
Econometrica: Journal of the Econometric Society
Type: Article
1973
Inflation, rational expectations and the term structure of interest rates
F. Modigliani and R. J. Shiller
Economica
Type: Article
1973