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G. William Schwert

Schwert

Distinguished University Professor and Professor of Finance and Statistics


Office: CS-3-110L Carol Simon Hall
Phone: (585) 275-2470
Email: schwert@simon.rochester.edu
Website: schwert.ssb.rochester.edu

Professor Schwert has research and teaching interests in portfolio and capital-market theory, corporate finance and control, econometrics and time-series analysis, and in the effects of public regulation on business. From 1978 until 1982, his research was sponsored by the National Science Foundation. During 1982, he was the first CRSP Distinguished Research Scholar at the University of Chicago. He received a Batterymarch Research Fellowship for the 1982–83 academic year. In 1990, he won the Graham and Dodd Plaque for the best paper (“Stock Market Volatility”) published in the Financial Analysts Journal, and he won a Smith-Breeden Dis­tin­guished Paper Award for one of the best papers (“Why Does Stock Market Vola­til­ity Change Over Time?”) published in The Journal of Finance.

Schwert has been an editor of the Jour­nal of Financial Economics since 1979 and the managing editor since 1995. He was an associate editor of The Journal of Fi­nance from 1983–2000, and he is an ad­visory editor of the Journal of Monetary Economics. His current research deals with the pricing of initial public offerings of stock, the effects of insider trading on the market for corporate control, the ef­fects of anti-takeover devices on take­over activity, and on stock market vola­tility­­­­.

 

A.B. (honors), Economics, Trinity College

M.B.A., Finance, Econometrics, University of Chicago

Ph.D., Finance, Econometrics, University of Chicago