“Non-Marginal” Investor Beliefs -- by William N. Goetzmann, Dasol Kim, Robert J. Shiller

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2026, 18th Annual Feldstein Lecture, Mark Duggan, "Social Security Reform in an Era of Fiscal Deficits" Primary tabs
  • Acknowledgements and Disclosures

    We thank the Yale School of Management International Center for Finance for twenty-five years of research support for the Investor Confidence Survey. We thank Robin Greenwood and Ian Martin for helpful discussions. The views expressed in this paper are those of the authors and do not necessarily reflect the views of the Office of Financial Research, the U.S. Department of the Treasury, or the National Bureau of Economic Research. All errors are the responsibility of the authors.


    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

  • Citation and Citation DataCopy Citation William N. Goetzmann, Dasol Kim, and Robert J. Shiller, "“Non-Marginal” Investor Beliefs," NBER Working Paper 35708 (2026), https://doi.org/10.3386/w35708. Copy to Clipboard Download Citation
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