Jeremy J Siegel
Biographic Data
| ID | 1455779 |
|---|---|
| NAME | Jeremy J Siegel |
| GIVEN NAMES | Jeremy J |
| FAMILY NAME | Siegel |
| SIGNATURE | SIEGEL J J |
| AFFILIATIONS | Professor of Finance, Wharton School, University of Pennsylvania, Philadelphia, Pennsylvania. |
| VERIFIED | No |
| TOTAL WORKS | 7 |
| TOTAL CITATIONS | 16 |
| AUTHOR COUNT | 7 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 1975 |
| LATEST PUBLICATION YEAR | 2019 |
| H-INDEX | 2 |
Debt and Entanglements Between the Wars
The seven chapters in this volume tell stories about correlated macroeconomic and political events that occurred in six countries and four Dominions of the British Commonwealth between 1914 and 1940. By a story, I mean a collection of observations ordered in time together with causal interpretations that come from projecting the observations onto a theory. Correlations among our stories arise partly from the international aspects of the events be…
Stocks for the long run: The Definitive Guide to Financial Market Returns & Long-Term Investment Strategies
Now in its fifth edition, "Stocks for the Long Run" includes Siegel's highly anticipated analysis of the sub-prime crash, the financial crisis, and resulting world-wide recession. This new edition also includes a deeper focus on international investing and emerging markets
Anomalies: The Equity Premium Puzzle
The equity premium is the difference in returns between equities and fixed income securities, such as Treasury bills. The puzzle refers to the fact that the premium has historically been very large--about 6 percent per year--too large to be easily explained by risk aversion. The authors document the evidence for the puzzle and find that is exists in many countries, over long time periods, and does not seem to be explained by survivorship bias. Th…
Monetary Stabilization and the Informational Value of Monetary Aggregates
A simple stochastic model is developed which demonstrates that information on the nominal value of money conveys sufficient information about the disturbance to currency and deposit demand so that monetary prices, such as adjusting the level of bank reserves, have no impact on the dispersion of price level forecast errors. However, if information on monetary aggregates is obtained only with a lag, then reserve requirements can reduce the disturba…
Inflation-Induced Distortions in Government and Private Saving Statistics
This study reformulates the National Income Accounts definitions of the government deficit and surplus and gross private saving. These new definitions are based on employing the change in the real value of government debt, due to price and interest rate changes, as a measure of the real deficit rather than the real value of the nominal debt change, as is now calculated by the Department of Commerce. The two definitions are identical if government…
The Gibson Paradox and Historical Movements in Real Interest Rates
This paper analyzes the correlation between interest rates and prices which as persisted for the past quarter of a millennium and has been termed the Gibson Paradox. Spectral techniques confirm the correlation between long-term interest rates and prices for very long-term swings (the Gibson Paradox), but indicate a significant short cycle correlation only for short-term interest rates, which we term the Kitchin Phenomenon. Past explanations of th…
Unemployment and Inflation: The New Economics of the Wage-Price Spiral . Roger L. Miller , Raburn M. Williams
The Gibson Paradox and Historical Movements in Real Interest Rates
This paper analyzes the correlation between interest rates and prices which as persisted for the past quarter of a millennium and has been termed the Gibson Paradox. Spectral techniques confirm the correlation between long-term interest rates and prices for very long-term swings (the Gibson Paradox), but indicate a significant short cycle correlation only for short-term interest rates, which we term the Kitchin Phenomenon. Past explanations of th…
Anomalies: The Equity Premium Puzzle
The equity premium is the difference in returns between equities and fixed income securities, such as Treasury bills. The puzzle refers to the fact that the premium has historically been very large--about 6 percent per year--too large to be easily explained by risk aversion. The authors document the evidence for the puzzle and find that is exists in many countries, over long time periods, and does not seem to be explained by survivorship bias. Th…
Unemployment and Inflation: The New Economics of the Wage-Price Spiral . Roger L. Miller , Raburn M. Williams
The Gibson Paradox and Historical Movements in Real Interest Rates
This paper analyzes the correlation between interest rates and prices which as persisted for the past quarter of a millennium and has been termed the Gibson Paradox. Spectral techniques confirm the correlation between long-term interest rates and prices for very long-term swings (the Gibson Paradox), but indicate a significant short cycle correlation only for short-term interest rates, which we term the Kitchin Phenomenon. Past explanations of th…
Inflation-Induced Distortions in Government and Private Saving Statistics
This study reformulates the National Income Accounts definitions of the government deficit and surplus and gross private saving. These new definitions are based on employing the change in the real value of government debt, due to price and interest rate changes, as a measure of the real deficit rather than the real value of the nominal debt change, as is now calculated by the Department of Commerce. The two definitions are identical if government…
Monetary Stabilization and the Informational Value of Monetary Aggregates
A simple stochastic model is developed which demonstrates that information on the nominal value of money conveys sufficient information about the disturbance to currency and deposit demand so that monetary prices, such as adjusting the level of bank reserves, have no impact on the dispersion of price level forecast errors. However, if information on monetary aggregates is obtained only with a lag, then reserve requirements can reduce the disturba…
Anomalies: The Equity Premium Puzzle
The equity premium is the difference in returns between equities and fixed income securities, such as Treasury bills. The puzzle refers to the fact that the premium has historically been very large--about 6 percent per year--too large to be easily explained by risk aversion. The authors document the evidence for the puzzle and find that is exists in many countries, over long time periods, and does not seem to be explained by survivorship bias. Th…
Stocks for the long run: The Definitive Guide to Financial Market Returns & Long-Term Investment Strategies
Now in its fifth edition, "Stocks for the Long Run" includes Siegel's highly anticipated analysis of the sub-prime crash, the financial crisis, and resulting world-wide recession. This new edition also includes a deeper focus on international investing and emerging markets
Debt and Entanglements Between the Wars
The seven chapters in this volume tell stories about correlated macroeconomic and political events that occurred in six countries and four Dominions of the British Commonwealth between 1914 and 1940. By a story, I mean a collection of observations ordered in time together with causal interpretations that come from projecting the observations onto a theory. Correlations among our stories arise partly from the international aspects of the events be…
Economics (6 works) · Econometrics (3 works) · Economic Theory and Policy (3 works) · Macroeconomics (3 works) · Monetary economics (3 works) · Monetary Policy and Economic Impact (3 works) · Economic theories and models (2 works) · Finance (2 works) · Inflation (cosmology (2 works) · Keynesian economics (2 works)