Campbell JY. Mortgage Market Design. Review of Finance. 2013;17 (1) :1-33. PDF
Campbell JY, Giglio S, Polk C. Hard Times. Review of Asset Pricing Studies. 2013;3 (1) :95-132. Paper PDF Appendix PDF
Campbell JY, Giglio S, Pathak P. Forced Sales and House Prices. American Economic Review. 2011;101 :2108-2131. Paper PDF (Updated July 2010) Appendix PDF
Campbell JY, Polk C, Vuolteenaho T. Growth or Glamour? Fundamentals and Systematic Risk in Stock Returns. Review of Financial Studies. 2010;23 (1) :305-344. Paper PDF (Updated March 2009) Appendix PDF(Update 2008)
The Squam Lake Report: Fixing the Financial System
French KR, Baily MN, Campbell JY, Cochrane JH, Diamond DW, Duffie D, Kashyap AK, Mishkin FS, g. Rajan R, Scharfstein DS, et al. The Squam Lake Report: Fixing the Financial System. 1st ed. Princeton University Press; 2010 pp. 184. Publisher's VersionAbstract

In the fall of 2008, fifteen of the world's leading economists--representing the broadest spectrum of economic opinion--gathered at New Hampshire's Squam Lake. Their goal: the mapping of a long-term plan for financial regulation reform.

The Squam Lake Report distills the wealth of insights from the ongoing collaboration that began at these meetings and provides a revelatory, unified, and coherent voice for fixing our troubled and damaged financial markets. As an alternative to the patchwork solutions and ideologically charged proposals that have dominated other discussions, the Squam Lake group sets forth a clear nonpartisan plan of action to transform the regulation of financial markets--not just for the current climate--but for generations to come.

Arguing that there has been a conflict between financial institutions and society, these diverse experts present sound and transparent prescriptions to reduce this divide. They look at the critical holes in the existing regulatory framework for handling complex financial institutions, retirement savings, and credit default swaps. They offer ideas for new financial instruments designed to recapitalize banks without burdening taxpayers. To lower the risk that large banks will fail, the authors call for higher capital requirements as well as a systemic regulator who is part of the central bank. They collectively analyze where the financial system has failed, and how these weak points should be overhauled.

Combining an immense depth of academic, private sector, and public policy experience, The Squam Lake Report contains urgent recommendations that will positively influence everyone's financial well-being--all who care about the world's economic health need to pay attention.

Campbell JY, Medeiros KS-de, Viceira LM. Global Currency Hedging. Journal of Finance. 2010;LXV (1) :87-122. Paper PDF Appendix PDF
Campbell JY, Shiller RJ, Viciera LM. Understanding Inflation-Indexed Bond Markets. Brookings Papers on Economic Activity. 2009 :79-120. Paper PDF Appendix PDF (Updated May 2009)
Campbell JY. The Changing Role of Nominal Government Bonds in Asset Allocation. Geneva Risk and Insurance Review. 2009;34 :89-104. PDF
Campbell JY, Calvet LE, Sodini P. Appendix for "Measuring the Financial Sophistication of Households". American Economic Review Papers and Proceedings. 2009. PDF
Calvet LE, Campbell JY, Sodini P. Fight or Flight? Portfolio Rebalancing By Individual Investors. Quarterly Journal of Economics. 2009 :301-348. Paper PDF Appendix PDF
Asset Prices & Monetary Policy
Campbell JY. Asset Prices & Monetary Policy. (Campbell JY). University of Chicago Press; 2008. Website
Campbell JY, Hilscher J, Szilagyi J. In Search of Distress Risk. Journal of Finance. 2008;LXIII (6) :2899-2939. PDF
Campbell JY, Cocco JF. How Do House Prices Affect Consumption? Evidence From Micro Data. Journal of Monetary Economics. 2007;54 :591-621. Paper PDF (Updated July 2005) Appendix PDF
Calvet LE, Campbell JY, Sodini P. Down or Out: Assessing the Welfare Costs of Household Investment Mistakes. Journal of Political Economy. 2007;115 (5) :707-747. Paper PDF Appendix PDF
Campbell JY, Nosbusch Y. Appendix for "Intergenerational Risksharing and Equilibrium Asset Prices". Journal of Monetary Economics. 2007. PDF
Campbell JY, Viceira LM. The Term Structure of the Risk-Return Tradeoff. Financial Analysts Journal. 2005;61 (1) :34-44. Paper PDF Appendix PDF
Campbell JY, Vuolteenaho T. Bad Beta, Good Beta. American Economic Review. 2004;94 (5) :1249-1275. Publisher's Version Paper PDF Appendix PDF