G. William Schwert

G. William "Bill" Schwert is a retired^{[citation needed]} University of Rochester Simon Business School finance professor,^[1] and was the managing editor of the Journal of Financial Economics (JFE) from 1995 to 2021,^{[citation needed]} after previously serving as one of several editors.^[1]

Schwert graduated from Trinity College in Hartford, Connecticut in 1971 and earned a PhD in financial economics from what is now the University of Chicago Booth School of Business in 1975.^[2] Aside from one year as an assistant professor at Chicago, he spent his entire career at Rochester's Simon School before being granted professor emeritus status in 2021.^{[citation needed]} In 1998, he was named Distinguished University Professor of Finance and Statistics.^[2] In 2009, he was named a Fellow of the Financial Management Association^[1] and in 2019 he was named a Fellow of the American Finance Association.^[3]

Publications

As a researcher, Schwert's most influential publications, as measured by the number of citations listed at Google Scholar, concern the volatility of stock market prices. On Google Scholar, he has over 42,000 citations.^[4] His articles include:

• "Asset Returns and Inflation" (with Eugene F. Fama) Journal of Financial Economics 1977
• "Expected Stock Returns and Volatility" (with Kenneth R. French and Robert F. Stambaugh) Journal of Financial Economics 1987
• "Why Does Stock market Volatility Change Over Time?" Journal of Finance 1989