Scholars / UChicago Scholar
George M. Constantinides
Leo Melamed Professor of Finance, Booth School of Business
George Constantinides studies the causes of the historically observed premium of equity returns over bond returns, the value premium, and the size premium; the pricing and hedging of fixed-income securities, options, futures, and other derivatives; the effects of transaction costs and taxes on the pricing of derivatives; and portfolio management. He has published numerous papers in distinguished academic periodicals. Subjects he has covered include “Asset Pricing with Countercyclical Household Consumption Risk,” written with A. Ghosh...