Patrick Bolton

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Patrick Bolton
Patrick Bolton at National Bank of Belgium panel.jpg
Bolton speaks in 2018
Born (1957-06-11) June 11, 1957 (age 66)
Alma mater University of Cambridge, Institut d'Etudes Politiques de Paris, London School of Economics
Scientific career
Fields Economics
Institutions Columbia Business School, Imperial College London and others

Patrick Bolton (born June 11, 1957, Dublin, Ireland) is the Barbara and David Zalaznick Professor of Business at Columbia Business School (2005-present) [1] and a Visiting Professor of Finance at Imperial College London (2018-present). He is a past president of the American Finance Association (2015). [2] [3]

Contents

Bolton specializes in contract theory and its relationship to corporate finance and industrial organization, in particular the allocation of control and decision rights to contracting parties. [1] He is studying the ways in which institutional investors and financial markets assess and respond to risks from climate change, [4] and how public policy influences corporate behaviour and the actions of institutions. [5] [6] [7]

Bolton has published a number of books, including Contract Theory (2004) with Mathias Dewatripont, Credit Markets for the Poor (2005) with Howard Rosenthal, The Economics of Contracts (2008), Sovereign Wealth Funds and Long-term Investing (2012) with Frederic Samama and Joseph E. Stiglitz and Coping with the Climate Crisis: Mitigation Policies and Global Coordination (2018), with Rabah Arezki, Karim El Aynaoui and Maurice Obstfeld. [8]

Early life and education

Bolton was born on June 11, 1957, in Dublin, Ireland and holds dual French and American nationality. [9] Bolton has a BA in economics from the University of Cambridge and a BA in political science from the Institut d'Etudes Politiques de Paris. He earned his PhD from the London School of Economics in 1986. [1]

Career

Bolton was an assistant professor at the University of California at Berkeley and then joined the economics department at Harvard University (1987-1989). He worked at the C.N.R.S. Laboratoire d' Econométrie de L' Ecole Polytechnique (1989-1991), and was the Cassel Professor of Money and Banking at the London School of Economics (1991-1994). He worked at the Institut d'Etudes Europénnes de l'Université libre de Bruxelles (1994-1998). He was the John H. Scully '66 Professor of Finance and Economics at Princeton University (1998-2005). [1]

Bolton joined the Columbia Business School as the Barbara and David Zalaznick Professor of Business in July 2005. [1] In 2018, he became a Visiting Professor of Finance at Imperial College London. [10] [11] [6]

Awards

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References

  1. 1 2 3 4 5 School, Columbia Business (15 September 2014). "Patrick Bolton". Columbia Business School Directory. Retrieved 9 February 2022.{{cite web}}: |first1= has generic name (help)
  2. "Committee on Global Thought". CU Global Thought. Retrieved 9 February 2022.
  3. "Past Presidents". The American Finance Association. Retrieved 9 February 2022.
  4. Adrian, Tobias; Bolton, Patrick; Kleinnijenhuis, Alissa (1 June 2022). "The Great Carbon Arbitrage". International Monetary Fund. Working Paper No. 2022/107.
  5. Brown, Eryn (30 September 2021). "Now is the time to prepare for the economic shocks of battling climate change". Knowable Magazine. doi: 10.1146/knowable-093021-1 . Retrieved 9 February 2022.
  6. 1 2 "Patrick Bolton and Mar Reguant Rido awarded the EAERE Award for ERC Grants Laureates in the field of environmental and resource economics". Centre for Economic Policy Research. May 20, 2021. Retrieved 9 February 2022.
  7. ""It is time for economists to get into the picture" Patrick Bolton, prof. at Columbia University, on climate change debate". Sciences Po. June 15, 2015. Retrieved 9 February 2022.
  8. "Patrick Bolton - Insider". Business Insider. Retrieved 9 February 2022.
  9. "Bolton, Patrick, 1957". Library of Congress Authorities. Retrieved 9 February 2022.
  10. Bolton, Patrick (2019). "Curriculum Vitae". Imperial College London. Retrieved 9 February 2022.
  11. "EAERE Award for ERC Grants Laureates in the field of environmental and resource economics 2021". European Association of Environmental and Resource Economists (EAERE). 2021. Retrieved 9 February 2022.
  12. "Researchers". Institut Louis Bachelier. Retrieved 9 February 2022.
  13. "Fellows". The American Finance Association. Retrieved 9 February 2022.
  14. "Professor Patrick Bolton FBA". The British Academy. Retrieved 9 February 2022.
  15. "Book of Members, 1780–2010: Chapter B" (PDF). American Academy of Arts and Sciences. Retrieved May 20, 2011.
  16. "1993 Election of Fellows to the Econometric Society". Econometrica. 62 (3): 721–725. 1994. ISSN   0012-9682 . Retrieved 9 February 2022.