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Program Directors

Ralph Koijen

Ralph S. J. Koijen is the AQR Capital Management Professor of Finance at the University of Chicago Booth School of Business. His research focuses on finance, insurance, and macroeconomics. He has been an NBER affiliate since 2010.

Sydney Ludvigson Profile.jpeg

Sydney C. Ludvigson is the Julius Silver, Roslyn S. Silver, and Enid Silver Winslow Professor of Economics at New York University. Her research focuses on the interplay between asset markets and macroeconomic activity. She has been an NBER affiliate since 2003.

Featured Program Content

The US, Economic News, and the Global Financial Cycle figure
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While it has been widely documented that financial conditions are correlated across countries, less is known about the origins of this comovement. A...
Working paper figure w30708
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Between 2019 and 2022, the share of index funds with an environmental, social, and governance (ESG) mandate nearly doubled, from 3 percent to 5 percent....
Working paper figure w30169
  • Article
Nominal fixed-income securities such as bonds do not protect investors against unexpected inflation. In addition to inflation eroding the purchasing...
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