Robert Shiller
Robert J. Shiller is a Nobel Prize-winning economist, best-selling author, and the Sterling Professor Emeritus of Economics at Yale University. Recognized as one of the most influential voices in modern economics, his work spans financial markets, behavioral economics, macroeconomics, real estate, and financial innovation. His groundbreaking research has transformed how economists and investors understand asset pricing, market volatility, and speculative bubbles. Shiller’s most significant contribution to economic measurement is the Case-Shiller Home Price Index, co-developed with economists Karl Case and Allan Weiss, which remains the industry standard for tracking U.S. housing prices and assessing real estate market trends. In 2013, he was awarded the Nobel Prize in Economic Sciences along with Eugene Fama and Lars Peter Hansen of the University of Chicago for their empirical analysis of asset prices. In addition to his academic work, Shiller is a prolific writer and global thought leader, authoring the “Finance in the 21st Century” column for Project Syndicate, published in over 150 countries, and the “Economic View” column for The New York Times, where he provides insightful commentary on finance, policy, and the global economy.
Robert Shiller Professional Experience / Academic History
Professional Experience
-
Sterling Professor Emeritus of Economics
-
Research Associate
-
Visiting Professor of Economics
-
Professor of Economics and Finance
Academic History
-
Ph.D., Economics
-
S.M., Economics
-
B.A., Economics
Term
CURRENT AFFILIATIONS
MARKET CALLS & CONTRIBUTIONS
Robert Shiller’s most influential contribution to economic measurement is the Case-Shiller Home Price Index, developed with economists Karl Case and Allan Weiss.
This index revolutionized the way economists, policymakers, and investors track and analyze housing market trends.
Shiller is also renowned for accurately predicting two of the most significant asset bubbles in modern history—the dot-com bubble of the early 2000s and the U.S. housing bubble that led to the 2008 financial crisis.
When he identified the housing bubble, the Case-Shiller Index stood at 130, peaked at 175 in 2005, and fell to a low of 117 by 2009, validating his analysis of unsustainable price growth and market correction.
EARLY CAREER
Shiller co-founded Case Shiller Weiss, the firm behind the Case-Shiller Home Price Indices, which were traded on the Chicago Mercantile Exchange and later published by Standard & Poor’s.
He also co-founded MacroMarkets, which launched innovative “MacroShares” investment products tied to oil and home prices, traded on the American and New York Stock Exchanges.
Throughout his distinguished career, he has served in key leadership roles, including Vice President and later President of the American Economic Association, and President of the Eastern Economic Association.
He has also collaborated with Barclays Bank PLC to develop a range of financial indices and investment products based on his research.
RECOGNITIONS
2018 Kiel Institute for the World Economy's Global Economy Prize
2017 Truman Medal for Economic Policy
2013 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel
2012 New York Association for Business Economics' William F. Butler Award
2009 Paul A. Samuelson Award for Macro Markets
2009 CFA Institute's James Vertin Award
MEDIA PRESENCE & PUBLICATIONS
Widely recognized as one of the world’s most influential economists, Shiller is a regular contributor to Project Syndicate, The New York Times, and CNBC, where he offers insight into market behavior, investor psychology, and macroeconomic trends.
His expert commentary and research have been featured in major global outlets including Forbes, Bloomberg, The Wall Street Journal, Business Insider, Institutional Investor, and MarketWatch, cementing his status as a trusted voice in economics and finance.