John H. Cochrane
“Free to Grow”
7 p.m. Monday, Nov. 6, 2023
Student Union Jordan Ballroom at Boise State
Free, no tickets required. Free parking in Lincoln Garage (Lincoln Avenue and University Drive)
John H. Cochrane, an economist specializing in financial economics macroeconomics, is the Rose-Marie and Jack Anderson Senior Fellow at the Hoover Institution. Cochrane is also a senior fellow of the Stanford Institute for Economic Policy Research (SIEPR), professor of finance and economics (by courtesy) at Stanford Graduate School of Business, a research associate of the National Bureau of Economic Research, Distinguished Research Fellow at the Becker-Friedman Institute of the University of Chicago, and an adjunct scholar of the Cato Institute.
Cochrane is a past president and fellow of the American Finance Association, and a fellow of the Econometric Society. He has served as an editor of the Journal of Political Economy, and associate editor of several journals including the Journal of Monetary Economics, Journal of Business, and Journal of Economic Dynamics and Control. He was a director of the NBER asset pricing program. Awards include the Bradley Prize, the TIAA-CREF Institute Paul A. Samuelson Award for his book “Asset Pricing,” the Chookaszian Endowed Risk Management Prize, the Faculty Excellence Award for MBA teaching and the McKinsey Award for Outstanding Teaching.
Before joining the Hoover Institution, Cochrane was a professor of finance at the University of Chicago’s Booth School of Business, and earlier at its Economics Department. He was a junior staff economist on the Council of Economic Advisers (1982–83) and a visiting professor at the UCLA Anderson School of Management in 2000-2001. Cochrane earned a bachelor’s degree in physics at MIT and his Ph.D. in economics at the University of California at Berkeley.
Cochrane’s recent publications in finance include the book “Asset Pricing” and articles 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, and option pricing when investors can’t perfectly hedge.
Cochrane is the author of the recently released “The Fiscal Theory of the Price Level” and his monetary economics publications include articles on the relationship between deficits and inflation and the effects of monetary policy. He has also written articles on macroeconomics, health insurance, time-series econometrics, financial regulation, and other topics. He was a coauthor of “The Squam Lake Report.” His Asset Pricing Ph.D. class is available online via Coursera.
Cochrane frequently contributes editorial opinion essays to the Wall Street Journal, Bloomberg.com, and other publications. He maintains the Grumpy Economist blog at johnhcochrane.blogspot.com.
Outside of academic pursuits Cochrane is a competition sailplane pilot, and enjoys cycling, windsurfing, skiing and other outdoor activities.