What did Eugene Fama win the Nobel Prize for?
Eugene F. Fama, 2013 Nobel laureate in economic sciences, is widely recognized as the “father of modern finance.” His research is well known in both the academic and investment communities. He is strongly identified with research on markets, particularly the efficient markets hypothesis.
What did Shiller win the Nobel Prize for?
Shiller, was awarded the 2013 Nobel Prize for Economics for his contributions to the development of the efficient-market hypothesis and the empirical analysis of asset prices.
What is Shiller famous for?
Robert James Shiller (born March 29, 1946) is an American economist (Nobel Laureate in 2013), academic, and best-selling author….
| Robert J. Shiller | |
|---|---|
| Contributions | Irrational Exuberance, Case-Shiller index |
| Awards | Deutsche Bank Prize (2009) Nobel Memorial Prize in Economics (2013) |
| Information at IDEAS / RePEc | |
| Signature |
Is Eugene Fama still teaching?
He is currently Robert R. McCormick Distinguished Service Professor of Finance at the University of Chicago Booth School of Business.
What does Cape stand for in finance?
cyclically adjusted price-to-earnings ratio
The CAPE ratio, using the acronym for cyclically adjusted price-to-earnings ratio, was popularized by Yale University professor Robert Shiller. It is also known as the Shiller P/E ratio. The P/E ratio is a valuation metric that measures a stock’s price relative to the company’s earnings per share.
In which year was Eugene O’Neill awarded the Nobel Prize?
The Nobel Prize in Literature 1936 was awarded to Eugene Gladstone O’Neill “for the power, honesty and deep-felt emotions of his dramatic works, which embody an original concept of tragedy.” Eugene O’Neill received his Nobel Prize one year later, in 1937.
Who invented PE ratio?
Understanding the P/E 10 Ratio The ratio was popularized by Yale University professor Robert Shiller, author of the bestseller “Irrational Exuberance,” who won the Nobel Prize in Economic Sciences in 2013.
Why is the CAPE ratio important?
The CAPE ratio allows the assessment of a company’s profitability over different periods of an economic cycle. The ratio also considers economic fluctuations, including the economy’s expansion and recession.
How do you calculate a cape?
The CAPE ratio is calculated by dividing a company’s stock price by the average of the company’s earnings over a ten-year period and adjusting it for inflation. In the same way as the P/E ratio, a stock with a high CAPE ratio is considered overvalued, and a stock with a low CAPE ratio would said to be undervalued.