Robert Haugen

Robert Haugen

Infobox Person


image_size = 150px
name = Robert Haugen
caption =
birth_date = Birth date and age|1942|6|26
birth_place = Chicago, Illinois, USA flagicon|US
death_date =
death_place =
education = University of Illinois at Urbana-Champaign
occupation = Academic, Entrepreneur
title =
spouse =
parents =
children =
nationality =
website =

Robert (Bob) Arthur Haugen (born on June 26, 1942, in Chicago, Illinois) is a renowned professor of theoretical finance. He is currently retired from academics and is the president of Haugen Custom Financial Systems.

Haugen obtained his B.S. degree from the business school at the University of Illinois at Urbana-Champaign. Haugen proceeded to obtain an M.S. and then a PhD in finance at the University of Illinois at Urbana-Champaign.

Career

After graduating, Haugen accepted an offer as a professor at University of Wisconsin-Madison. While at the University of Wisconsin-Madison, he published a paper in real estate discrimination that became widely used in the academic world. He also became involved in the Finance Society. Haugen's first major book, coauthored by two colleagues, Amir Barnea and Lemma Senbet, was "Agency Problems and Financial Contracting" published in 1984. In this book he explained how personal compensation issues affected financial deals.

Haugen went on to accept a new position at the University of Illinois at Urbana-Champaign. While there, he was working on two books. He was also working on another short book with his co-author Josef Lakonishok, about the "January effect" in the stock market. Research seemed to show that, on average, all of a portfolios abnormal return (that is, returns in excess of that predicted under an equilibrium pricing model, like the CAPM) was made in January, especially during the first two weeks of the month.

He went on to a new position at the University of California at Riverside, but soon left and joined the University of California at Irvine. Haugen continued on his research, and his relationship with NISA (National Investment Services of America). He also lectured internationally on Modern Finance, including the Amsterdam Institute of Finance, where he taught for 10 years. Haugen served on the Board of Directors for a variety of concerns.

He published the first academic article documenting the nature and power of the expected return factor model in "The Journal of Financial Economics" in 1996. He explains the model in his text "The Inefficient Stock MarketWhat Pays Off and Why". Using a computerized application of his model, he created Haugen Custom Financial Systems, a company that provides institutional clients with expected returns for 8000 stocks worldwide. Over 80 billion dollars are managed using his quantitative methodology. Fact|date=July 2007

elected publications

* "Agency Problems and Financial Contracting"
* "The New Finance"
* "Modern Investment Theory" (1st edition), 1984
* "The Incredible January Effect: The Stock Market's Unsolved Mystery" (co-authored with Josef Lakonoshuk), 1992
* "Beast on Wall Street", 1998
* "'The Inefficient Stock MarketWhat Pays Off and Why", 2001
* "The New Finance: Overreaction, Complexity and Uniqueness" (3rd Edition), 2003

External links

* [http://www.bobhaugen.com Haugen Custom Financial Systems official site]


Wikimedia Foundation. 2010.

Игры ⚽ Нужно сделать НИР?

Look at other dictionaries:

  • Haugen — can refer to:People* Andrea Haugen * Arne L. Haugen, Norwegian politician * Einar Haugen, American linguist * Helge Haugen, Norwegian soccer player * Marty Haugen, American composer of sacred popular music * Mary Margaret Haugen, American… …   Wikipedia

  • Robert M. La Follette senior — Robert M. La Follette Robert Marion La Follette Sr. (* 14. Juni 1855 in Primrose, Dane County, Wisconsin; † 18. Juni 1925 in Washington D.C.) war ein US amerikanischer Politiker, der als Abgeordneter im US Repräsentantenhaus, al …   Deutsch Wikipedia

  • Robert Kastenmeier — Robert William Kastenmeier (* 24. Januar 1924 in Beaver Dam, Dodge County, Wisconsin) ist ein ehemaliger US amerikanischer Politiker. Zwischen 1959 und 1991 vertrat er den Bundesstaat Wisconsin im US Repräsentantenhaus. Werdegang Robert… …   Deutsch Wikipedia

  • Robert Kirkland Henry — (* 9. Februar 1890 in Jefferson, Jefferson County, Wisconsin; † 20. November 1946 in Madison, Wisconsin) war ein US amerikanischer Politiker. Zwischen 1945 und 1946 vertrat er den Bundesstaat Wisconsin im US Repräsentantenhaus. Werdegang… …   Deutsch Wikipedia

  • Robert John Cornell — OPraem (* 16. Dezember 1919 in Gladstone, Delta County, Michigan; † 10. Mai 2009 in De Pere, Wisconsin) war ein US amerikanischer Politiker und römisch katholischer Priester. Cornell wurde 1919 in Gladstone, Michigan geboren. Im Alter von acht… …   Deutsch Wikipedia

  • Robert Preus — Robert David Preus (October 16, 1924 November 4, 1995) was a Lutheran pastor, professor, author, and seminary president.Robert Preus was born to Minnesota Governor J.A.O. Preus and Idella Haugen Preus. His older brother is J.A.O. Preus II, former …   Wikipedia

  • Robert G. Cousins — Robert Gordon Cousins (* 31. Januar 1859 bei Tipton, Cedar County, Iowa; † 20. Juni 1933 in Iowa City, Iowa) war ein US amerikanischer Politiker. Zwischen 1893 und 1909 vertrat er den Bundesstaat Iowa im US Repräsentantenhaus. Werdegang… …   Deutsch Wikipedia

  • Robert K. Goodwin — Robert Kingman Goodwin (* 23. Mai 1905 in Des Moines, Iowa; † 21. Februar 1983 in Rochester, Minnesota) war ein US amerikanischer Politiker. Zwischen 1940 und 1941 vertrat er den Bundesstaat Iowa im US Repräsentantenhaus. Werdegang Robert… …   Deutsch Wikipedia

  • Robert Ogden Doremus — (* 11. Januar 1824; † 22. März 1906) war ein US amerikanischer Chemiker.[1][2] Seine Eltern waren Thomas Cornelius Doremus und Sarah, geb. Platt Haines.[3] …   Deutsch Wikipedia

  • Robert M. La Follette, Sr. — Fighting Bob redirects here. For the American evangelist and political figure, see Robert P. Shuler. For Robert M. La Follette, Sr. s son, the Wisconsin senator, see Robert M. La Follette, Jr.. Robert Marion La Follette, Sr. United States Senator …   Wikipedia

Share the article and excerpts

Direct link
https://en-academic.com/dic.nsf/enwiki/4528311 Do a right-click on the link above
and select “Copy Link”