G. William Schwert
Professor Schwert retired from the University of Rochester after 45 years of service and was appointed as Professor Emeritus of Business Administration since 2021. He was the managing Editor of the Journal of Financial Economics from 1995 to 2021 as well as a Research Associate of the National Bureau of Economic Research since 1988. His papers have been cited more than 17,000 times by published books and journal articles covered in the Social Science Citation Index and SCOPUS. His papers have received more than 42,000 citations according to Google Scholar.
- Research Interests
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Professor Schwert has research 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 1982-1983 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 was an editor and a managing editor of the Journal of Financial Economics. He was also an associate editor of The Journal of Finance from 1983-2000, and he was an advisory editor of the Journal of Monetary Economics. His research deals with the pricing of initial public offerings of stock, the market for corporate control, and on stock market volatility.
- Publications
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The remarkable growth in financial economics, 1974–20202021Journal of Financial EconomicsIssue3Volume140Stock Volatility during the Recent Financial Crisis2011European Financial ManagementVolume17The Variability of IPO Initial Returns2010Journal of FinanceVolume65