John Donaldson (economist)


John B. Donaldson is an American economist and presently the Mario J. Gabelli Professor of Finance at Columbia Business School. His interests are in business and finance options, its asset pricing, business cycles and especially real economic impact on equilibrium prices. He has published his work in Econometrica, Journal of Economic Dynamics and Control, International Economic Review, Journal of Economic Theory, Journal of Monetary Economics, Quarterly Journal of Economics, Review of Economic Dynamics, and Review of Economic Studies.

Education and early career

Donaldson earned his B.S. in Mathematics at Lafayette College in 1970, and his M.S. in Mathematics, in 1972, and his M.S. in Economics in 1974, his Ph.D in 1976, all three at Carnegie Mellon University. He joined Columbia University in 1977.

Work and publications

Donaldson has been consistently cited in the last 10 years for his publications, and his highest cited paper is "Junior can't borrow: A new perspective on the equity premium puzzle" at 552 times, according to Google Scholar.