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About the Author(s)


Owen A. Lamont is a Research Associate in the NBER's Programs in Monetary Economics, Asset Pricing, Corporate Finance, and Economic Fluctuations and Growth. He is also a Professor of Finance at Yale School of Management, where he teaches a course in Behavioral Finance.

Lamont received his B.A. in Economics and Government from Oberlin College in 1988, and his Ph.D. in Economics from MIT in 1994. Before moving to Yale in 2003, he taught at Princeton and the University of Chicago.

Lamont has received numerous prizes and awards, including fellowships from the National Science Foundation and the Alfred P. Sloan Foundation. His research focuses on asset pricing and corporate finance, and he has published academic papers on short selling, stock returns, bond returns, closed-end funds, and corporate diversification.

Lamont lives in Brookline, Massachusetts, with his wife, Elizabeth Lamont, and two sons. Empirical economics is in Lamont's blood. His grandfather, the late Robinson Newcomb, was also a Ph.D. economist. Both he and his grandson have written papers on economic forecasting and on housing markets.



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