Office: 3-110L Carol Simon Hall
Phone: (716) 275-2470
Fax: (716) 461-5475
With Simon School since: 1976
Current Courses: FIN 411, FIN 423, FIN 434, FIN 533
A.B. with Honors (Economics), Trinity College (Hartford, Connecticut), 1971.
M.B.A., University of Chicago, 1973.
Ph.D., University of Chicago, (Economics, Finance, Econometrics), 1975.
Bill Schwert is the Gleason Professor of Finance and Statistics at the University of Rochester's William E. Simon Graduate School of Business Administration. He came to Rochester in 1976, after spending the 1975-76 academic year at the University of Chicago as an Assistant Professor of Finance. He received his A.B. with honors in economics from Trinity College in Hartford, Connecticut in 1971, his M.B.A. in 1973 and his Ph.D. in 1975 both from the University of Chicago.

Bill has been a Research Associate of the National Bureau of Economic Research since 1988. He was the Chair of the Business and Economics Section of the American Statistical Association in 1990, and from 1987-89 he was a Director of the American Finance Association. He has been one of the Editors of the Journal of Financial Economics since 1979. Beginning in 1996, Bill is the Managing Editor of the JFE. He is an Associate Editor of the Journal of Finance and an Advisory Editor for the Journal of Monetary Economics. Bill serves on the Advisory Board of the Journal of Applied Corporate Finance and of the Financial Economics Network. He is a co-founder of Knollwood Consulting Group, Inc., an economic and financial consulting firm.

In 1982, Bill was the first Center for Research in Security Prices Distinguished Research Scholar at the University of Chicago. He was one of three recipients of the Batterymarch Research Fellowship for the 1982-83 academic year. He was also among the first group of ten Mentors at the University of Rochester, an award based on scholarship and teaching. He is included Who's Who in Finance and Industry, Who's Who in American Education, and Who's Who in the East. His paper "Why Does Stock Market Volatility Change Over Time?" won a Smith-Breeden Distinguished Paper Prize from the Journal of Finance in 1990 and his paper "Stock Market Volatility" won the Graham and Dodd Plaque from the Financial Analysts Journal in 1990.

Bill's research has covered broad areas of economics, finance and statistics, including:

His papers have been cited more than 2,000 times by published books and journal articles covered in the Social Science Citation Index. Doctoral students he has supervised are now faculty members at the University of Chicago, Harvard University, the University of Pennsylvania, the University of Michigan, and Northwestern University, among others.


A full-text version of Schwert's vita is available in Acrobat's portable data format (.pdf). The file is about 72K and can only be viewed (and printed) using a copy of Acrobat Reader.

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Click here to download the full text of Schwert's vita.


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© Copyright 1997, G. William Schwert


E-mail: schwert@mail.ssb.rochester.edu