Eric Morrison, a renowned American economist, has had a distinguished career marked by his contributions to the field of economics, particularly in the area of financial economics. Born in 1953, Morrison grew up in a family that valued education and encouraged his early interest in economics. He pursued his undergraduate degree at Harvard University, where he graduated magna cum laude in 1975. Morrison then went on to earn his Ph.D. in economics from the Massachusetts Institute of Technology (MIT) in 1980.
Academic Career and Research
Morrison’s academic career has been marked by his appointments at several prestigious institutions, including Yale University, where he served as a professor of economics. His research has focused on the areas of financial economics, corporate finance, and econometrics. Morrison has published numerous papers in top-tier journals, including the Journal of Financial Economics, the Journal of Finance, and the Review of Financial Studies. His work has had a significant impact on the field of financial economics, and he is widely recognized as one of the leading experts in his area of research.
Research Contributions
Morrison’s research has made significant contributions to our understanding of financial markets and corporate finance. One of his most notable contributions is his work on the capital asset pricing model (CAPM), which is a fundamental concept in financial economics. Morrison’s research has also explored the relationship between financial leverage and firm value, as well as the impact of information asymmetry on financial markets. His work has been widely cited and has influenced the development of new research in the field.
| Research Area | Number of Publications |
|---|---|
| Financial Economics | 25 |
| Corporate Finance | 18 |
| Econometrics | 12 |
Teaching and Mentoring
In addition to his research, Morrison has also been recognized for his excellence in teaching and mentoring. He has taught a range of courses at Yale University, including introductory courses in economics and finance, as well as advanced courses in financial economics and corporate finance. Morrison has also supervised numerous Ph.D. students and has served as a mentor to many young economists. His commitment to teaching and mentoring has had a lasting impact on the careers of many economists and finance professionals.
Awards and Honors
Morrison has received numerous awards and honors for his contributions to the field of economics. He is a fellow of the American Academy of Arts and Sciences and has received the Smithsonian Institution’s National Museum of American History award for his contributions to the field of economics. Morrison has also been recognized for his teaching and mentoring, receiving the Yale University teaching award in 2005.
- Award for Excellence in Teaching, Yale University (2005)
- Fellow, American Academy of Arts and Sciences (2002)
- Smithsonian Institution's National Museum of American History Award (2000)
What is Eric Morrison’s area of research expertise?
+Eric Morrison’s area of research expertise is financial economics, with a focus on corporate finance and econometrics.
What is the capital asset pricing model (CAPM)?
+The capital asset pricing model (CAPM) is a fundamental concept in financial economics that describes the relationship between the expected return on an investment and its risk.
