| Professor
Goetzmann is an expert on a diverse range of investments,
including stocks, mutual funds, real estate, and paintings.
His research topics include forecasting stock markets,
selecting mutual fund managers, housing as investment, and
the risk and return of art. Professor Goetzmann's work has
been featured in The Wall Street Journal, The New York
Times, Business Week, The Economist, Forbes, and Art and
Auction. Professor Goetzmann has a background in arts and
media management. As a documentary film-maker, he has
written and co-produced programs for "Nova" and the
"American Masters" series, including a profile of the
artist, Thomas Eakins. A former director of Denver's Museum
of Western Art, Professor Goetzmann co-authored the award
winning book, The West of the Imagination.
Recent Achievements and Honors
INQUIRE Research Institute grant, 2003, with Massimo Massa.
BSI/Gamma Foundation Research Grant, 2002, with Massimo
Massa.
The Smith Breedon Distinguished Paper Award, 2000. (Given
to outstanding papers published in
The Journal of Finance)
Honorable Mention, The William Sharpe Award for Best
Paper (2000). Awarded for the best paper in 1999 in the
Journal of Financial and Quantitative Analysis.
Editorships
Editorial Boards
Journal of Portfolio Management
Journal of Business Finance and Accounting
Journal of Real Estate Finance and Economics
Recent Articles
High
Water Marks, and Hedge Fund Management Contracts, (with
J. Ingersoll and S. Ross), The Journal of Finance,
forthcoming
Does
Governance Matter: The Case of Art Museums, (with S.
Oster), The Governance of Not-for-Profit Firms, The
University of Chicago Press, forthcoming
Hedge
Funds With Style, (with S. J. Brown), Journal of
Portfolio Management, 2003
Index
Funds and Stock Market Growth, (with M. Massa), The
Journal of Business, 2003
Daily
Momentum and Contrarian Behavior of Index Fund Investors
(with M. Massa), Journal of Financial and Quantitative
Analysis, 2002
"The
Bias of The RSR Estimator and The Accuracy of Some
Alternatives," (with L.
Peng), Real Estate Economics, 2002
Day
Trading International Mutual Funds: Evidence and Policy
Solutions, (with
Z. Ivkovic and K. G. Rouwenhorst), Journal of Financial
and Quantitative Analysis, 2001
Careers
and Survival: Competition and Risk in the Hedge Fund and CTA
Industry, (with
S. Brown and J. Park), The Journal of Finance, 2001
The
Japanese Open-End Fund Puzzle,(with S. J. Brown, T.
Hiraki, T. Otsuki and N. Shiraishi), Journal of Business,
2001
The Policy Implications of Portfolio Choice in
Underserved Mortgage Markets, (with M. Spiegel), Low
Income Homeownership: Examining the Unexamined Goal,
The Brookings Institution, 2002
Working Papers
"Efficiency
and the Bear: Short Sales and Markets around the World,"
(with A. Bris and N. Zhu), 2003
"Rain
or Shine: Where is the Weather Effect?" (with N. Zhu),
2003
Modeling
and Measuring Russian Corporate Governance: The Case of
Preferred and Common Shares, (with M. Spiegel and A.
Ukhov), 2002
Equity
Portfolio Diversification, (with A. Kumar), 2001
Long
Term Global Market Correlations, (with L. Li and K. G.
Rouwenhorst), 2001
China
and the World Financial Markets 1870-1930: Modern Lessons
from Historical Globalization, (with A. Ukhov and N.
Zhu), 2001
Pairs
Trading: The Performance of a Relative-Value Arbitrage
Strategy, (with I. Gatev and K. G. Rouwenhorst), 2000
Education
Ph.D. Yale University, 1991
M.A., M.Phil. Yale University, 1989
MPPM Yale University, 1986
B.A. Yale College, 1978 |
