John H. Cochrane is an adjunct scholar at the Cato Institute, the AQR Capital Management Professor of Finance at the University of Chicago Booth School of Business, and a research associate at the National Bureau of Economic Research. Professor Cochrane conducts research 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, option pricing when investors can’t perfectly hedge, and monetary economics including the fiscal theory of the price level.

Cochrane is vice-president of the American Finance Association, a research associate and past director of the asset pricing program of the National Bureau of Economic Research and a Fellow of the Econometric Society. He has been an editor of the Journal of Political Economy, and associate editor of a number of journals including the Journal of Monetary Economics, the Journal of Business, and the Journal of Economic Dynamics and Control. His recent publications include the book, Asset Pricing, and numerous articles on his research topics.

Cochrane earned a bachelor’s degree in physics at Massachusetts Institute of Technology in 1979 and his PhD in economics at the University of California at Berkeley in 1986.

More from John H. Cochrane

Blog Posts

The Cost of Regulation

May 12, 2014.

Cato Studies

Health-Status Insurance: How Markets Can Provide Health Security

Policy Analysis No. 633. February 18, 2009.

Public Filings

Systemic Risk and Resolution Issues

Testimony. September 24, 2009.

Cato Reviews & Journals

Lessons from the Financial Crisis

Regulation. Winter 2009-2010.

Lessons from the Financial Crisis

Regulation. Winter 2009-2010.