Presidential Young Investigator Award: Studies in Macro and Financial Economics

该奖项在国家科学基金会总统青年研究者奖计划下为John Campbell博士提供支持。该计划的目标是为全国最杰出和最有前途的年轻科学和工程教师提供研究支持。该奖项旨在提高美国学术机构的能力，以满足学术和工业研究和教学对高素质科学和工程人员的需求。该奖项将允许研究者在宏观经济学、金融经济学和应用计量经济学方面进行研究。有几个主要的广泛的研究问题是他的研究兴趣的中心。一个问题是决定长期资产价格的因素。另一个是决定总储蓄行为的因素。第三个问题是，商业周期波动的长期影响是什么。所有这些都是极其重要的研究领域，对美国经济具有重要的政策意义。

This award provides support to Dr. John Campbell under the National Science Foundation's Presidential Young Investigator Awards program. The objectives of this program are to provide research support to the Nation's most outstanding and promising young science and engineering faculty. The awards are intended to improve the capability of U.S. academic institutions to respond to the demand for highly qualified science and engineering personnel for academic and industrial research and teaching. This award will allow the investigator to pursue his research in the study of macroeconomics, financial economics, and applied econometrics. There are several major broad research questions that are central to his research interests. One issue is what determines long-term asset prices. Another is what determines aggregate savings behavior. A third question is what are the long-run implications of business cycle fluctuations. All of these are extremely important areas for research with important policy implications for the U.S economy.