G. William Schwert

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 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 was an advisory editor of the Journal of Monetary Economics. His current research deals with the pricing of initial public offerings of stock, the market for corporate control, and on stock market volatility.