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John Campbell

Recent Papers On The Web


This page only has links to unpublished papers, forthcoming papers, papers published in the Journal of Finance and Quarterly Journal of Economics, and unpublished appendices to recent papers. Follow this link for a complete list of books and articles. Unpublished versions of many other papers can be found at John Campbell's author pages on the websites of IDEAS and SSRN.

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Unpublished papers:

  • "Hard Times" (with Stefano Giglio and Christopher Polk), October 2011.


Papers published in the Journal of Finance:

  • "Household Finance", Presidential Address to the American Finance Association, Journal of Finance, August 2006.


Papers published in the Quarterly Journal of Economics:



Erratum and appendices:

  • Appendix for "The Long-Run Risks Model and Aggregate Asset Prices: An Empirical Assessment" (with Jason Beeler), October 2011.
  • Appendix for "Hard Times" (with Stefano Giglio and Christopher Polk), October 2011.
  • Appendix for "Inflation Bets or Deflation Hedges? The Changing Risks of Nominal Bonds" (with Adi Sunderam and Luis Viceira), July 2010.
  • Appendix for "Forced Sales and House Prices" (with Stefano Giglio and Parag Pathak), American Economic Review, August 2011.
  • Appendix for "Global Currency Hedging" (with Karine Serfaty-de Medeiros and Luis Viceira), Journal of Finance, February 2010.
  • Appendix for "Growth or Glamour? Fundamentals and Systematic Risk in Stock Returns" (with Christopher Polk and Tuomo Vuolteenaho), Review of Financial Studies, January 2010.
  • Appendix for "Understanding Inflation-Indexed Bond Markets" (with Robert Shiller and Luis Viceira), Brookings Papers on Economic Activity, Spring 2009.
  • Appendix for "Measuring the Financial Sophistication of Households" (with Laurent Calvet and Paolo Sodini), American Economic Review Papers and Proceedings, May 2009.
  • Appendix for "Fight or Flight? Portfolio Rebalancing by Individual Investors" (with Laurent Calvet and Paolo Sodini), Quarterly Journal of Economics, February 2009.
  • Appendix for "Intergenerational Risksharing and Equilibrium Asset Prices" (with Yves Nosbusch), Journal of Monetary Economics, November 2007.
  • Appendix for "Down or Out: Assessing the Welfare Costs of Household Investment Mistakes" (with Laurent Calvet and Paolo Sodini), Journal of Political Economy, October 2007.
  • Appendix for "How Do House Prices Affect Consumption? Evidence from Micro Data" (with Joao Cocco), Journal of Monetary Economics, April 2007.
  • Appendix for "Bad Beta, Good Beta" (with Tuomo Vuolteenaho), American Economic Review, December 2004.
  • Appendix for "A Multivariate Model of Strategic Asset Allocation" (with Yeung Lewis Chan and Luis Viceira), Journal of Financial Economics, January 2003.
  • Appendix for Strategic Asset Allocation: Portfolio Choice for Long-Term Investors (with Luis Viceira), Oxford University Press, 2002.
  • Appendix for "Who Should Buy Long-Term Bonds?" (with Luis Viceira), American Economic Review, March 2001.
  • Appendix for "By Force of Habit: A Consumption-Based Explanation of Aggregate Stock Market Behavior" (with John Cochrane), Journal of Political Economy, April 1999.
  • Data Appendix for "Asset Prices, Consumption, and the Business Cycle", Chapter 19 in John Taylor and Michael Woodford eds., Handbook of Macroeconomics, Amsterdam: North-Holland, 1999.
  • Solution Manual for exercises in John Campbell, Andrew Lo, and Craig MacKinlay, The Econometrics of Financial Markets, Princeton, NJ: Princeton University Press, 1997.


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