June 14- It isn't so much that the rent is too high, it is that firms are earning too much of it from political influence and too little from innovation. But in economics Nobelist Robert Shiller's classic example of political rent extraction, when a feudal lord puts a chain across a river to extract a toll he creates no value, only slowing trade and enriching himself.
SENDAI, Japan, May 20- A rift on fiscal policy and currencies is likely to set the stage for G7 advanced economies to agree on a "go-your-own-way" response to address risks hindering global economic growth at their finance leaders' gathering on Friday. Finance leaders gathering in Sendai, northeast Japan, sought advice from prominent academics, including Nobel...
SENDAI, Japan, May 20- Participants of an informal symposium with Group of Seven finance leaders and academics on Friday agreed a so-called "Brexit" vote for Britain to exit the European Union at a referendum next month could lead to financial market unrest, a G7 source said. The G7 finance ministers and central bank governors are gathering in Sendai, northeastern...
April 20- For those of you still laboring under the efficient markets hypothesis here is a tidbit: investors overestimate the chances of a stock market crash by a factor of about 10.. That's the upshot of a new analysis of data collected by Nobel Prize winner Robert Shiller over decades showing that individual investors, and to a lesser extent institutional ones,...
Analysts, mutual-fund managers and other forecasters are telling investors to expect lower returns from stocks and bonds in 2016 than in past years.
One bond giant's loss may be creating another aspiring bond giant's gain.
Robert Shiller, Yale University professor, and George Akerlof, Georgetown University professor, provide insight to the fairness of free markets in a profit-seeking environment.
Just like in 2000, investors have little confidence in stock valuations, but are confident in short-term market prospects, Robert Shiller said.
Robert Shiller, Yale University professor, weighs in on stock valuations and why the markets could be at risk of a significant pullback.
"Let's get it out of the way," the Wharton professor tells CNBC, adding the uncertainty surrounding the guessing game has actually been hurting stocks more than an actual move.
Fears of a bear market for U.S stock markets came back to the fore Monday with economist Robert Shiller warning of rock-bottom investor sentiment.
The CAPE ratio is signaling a warning cycle for stocks, says Robert Shiller, Yale University professor, explaining why there could be another selloff in the markets. The markets are high now, says Shiller.
It's a big move down but not the end of the world, says Robert Shiller, Yale economics professor, providing perspective on the markets after Thursday's sell-off. Also Shiller explains why he still expects growth in China and weighs in on housing.
Betting on Greek stocks may resemble buying a lottery ticket—in more ways than one.
Nobel laureate Robert Shiller sees a buying opportunity in Greek stocks.
Nobel-winning economist Robert Shiller makes the surprising case for owning oil.
Nobel Prize-winning economist Robert Shiller tells CNBC that his key valuation indicator is flashing warning signs.
Federal Reserve Chair Janet Yellen was right to point out that markets are overpriced, said Yale economics professor, Robert Shiller.
How do you improve the culture of Wall Street? Personally punish the industry's bad apples, according to two longtime observers.
Real estate investor Barry Sternlicht tells CNBC he disagrees with Nobel Prize-winning economist Robert Shiller, who predicted the residential housing market looks topped out.