Ivo Welch

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Ivo Welch
Born (1963-10-04) October 4, 1963 (age 55)
Alma mater University of Chicago, PhD 1991
University of Chicago, MBA 1988
Columbia University, BA 1985
Known for Financial economics
Informational Cascades
Scientific career
Fields Economist
Institutions UCLA 2011-
Brown University 2004-2011
Yale University 2000-2005
UCLA 1989-2000
Doctoral advisor Milton Harris (thesis advisor)

Ivo Welch, is an American economist and finance academic. He is the J. Fred Weston Professor of Finance at UCLA Anderson.

Americans citizens, or natives, of the United States of America

Americans are nationals and citizens of the United States of America. Although nationals and citizens make up the majority of Americans, some dual citizens, expatriates, and permanent residents may also claim American nationality. The United States is home to people of many different ethnic origins. As a result, American culture and law does not equate nationality with race or ethnicity, but with citizenship and permanent allegiance.

Economist professional in the social science discipline of economics

An economist is a practitioner in the social science discipline of economics.

His research has focused on financial economics and informational cascades. [1] Publications include articles in academic journals [2] and the popular press,[ which? ] in addition to a Corporate Finance textbook. [3] [4] He was previously on the faculty of the Yale School of Management, and Brown University's economics department (Professor of Financial Economics). He is an NBER Research Associate. [5]

Financial economics is the branch of economics characterized by a "concentration on monetary activities", in which "money of one type or another is likely to appear on both sides of a trade". Its concern is thus the interrelation of financial variables, such as prices, interest rates and shares, as opposed to those concerning the real economy. It has two main areas of focus: asset pricing and corporate finance; the first being the perspective of providers of capital, i.e. investors, and the second of users of capital.

Yale School of Management

The Yale School of Management is the graduate business school of Yale University in New Haven, Connecticut. The School awards the Master of Business Administration (MBA), MBA for Executives (EMBA), Master of Advanced Management (MAM), and Ph.D. degrees, as well as joint degrees with nine other graduate programs at Yale University. As of August 2015, 668 students were enrolled in its MBA program, 114 in the EMBA program, 63 in the MAM program, and 51 in the PhD program; 122 students were pursuing joint degrees. In the 2017–18 school year, the school launched a one-year Master of Management Studies degree in Systemic Risk. The School has 86 full-time faculty members, and the dean is Edward A. Snyder.

Brown University University in Providence, Rhode Island

Brown University is a private Ivy League research university in Providence, Rhode Island. Founded in 1764 as the College in the English Colony of Rhode Island and Providence Plantations, it is the seventh-oldest institution of higher education in the United States and one of the nine colonial colleges chartered before the American Revolution.

Professor Welch is twice a recipient of the Michael Brennan Award. As of 2014, he ranks 50th by downloads on SSRN. [6] In 2006, he ranked 54th on the Web of Science list of "Most-Cited Scientists in Economics & Business"; [7] in 2007 (the last year of the rankings), he ranked 57th. [8] He is a Humboldt Foundation 2015 fellow.

Web of Science Online subscription index of citations

Web of Science is an online subscription-based scientific citation indexing service originally produced by the Institute for Scientific Information (ISI), later maintained by Clarivate Analytics, that provides a comprehensive citation search. It gives access to multiple databases that reference cross-disciplinary research, which allows for in-depth exploration of specialized sub-fields within an academic or scientific discipline.

He completed his BA in computer science in 1985 at Columbia University and both his MBA and PhD in finance at the University of Chicago. [9]

Columbia University Private Ivy League research university in New York City

Columbia University is a private Ivy League research university in Upper Manhattan, New York City. Established in 1754, Columbia is the oldest institution of higher education in New York and the fifth-oldest institution of higher learning in the United States. It is one of nine colonial colleges founded prior to the Declaration of Independence, seven of which belong to the Ivy League. It has been ranked by numerous major education publications as among the top ten universities in the world.

University of Chicago Private research university in Chicago, Illinois, United States

The University of Chicago is a private research university in Chicago, Illinois. Founded in 1890 by John D. Rockefeller, the school is located on a 217-acre campus in Chicago's Hyde Park neighborhood, near Lake Michigan. The University of Chicago holds top-ten positions in various national and international rankings.

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  1. Sushil Bikhchandani, David Hirshleifer & Ivo Welch (1992). "A Theory of Fads, Fashion, Custom, and Cultural Change as Informational Cascades". Journal of Political Economy. 100 (5): 992–1026. CiteSeerX . doi:10.1086/261849. JSTOR   2138632.CS1 maint: Uses authors parameter (link)
  2. "Ivo Welch at IDEAS". IDEAS. Retrieved August 2013.Check date values in: |accessdate= (help)
  3. Ivo Welch (October 6, 2008). Corporate Finance: An Introduction (United States ed.). Prentice Hall. p. 1128. ISBN   978-0321277992. (Out of print.)
  4. Welch, Ivo (2011). Corporate Finance (2nd ed.). Ivo Welch. ISBN   978-0984004959.
  5. Ivo Welch, nber.org
  6. SSRN Author Page
  7. "Most-Cited Scientists in Economics & Business". Web of Science. 2006.
  8. "Most-Cited Scientists in Economics & Business". Web of Science. 2007.
  9. Amazon.com Editorial Reviews (2008). "About the Author (Ivo Welch)". Corporate Finance: An Introduction. ISBN   978-0321277992.