John Howland Cochrane (/ˈkɒkrən/ KOK-rən; born 26 November 1957) is an American economist who has served as the Rose-Marie and Jack Anderson Senior Fellow at the Hoover Institution since 2015.
[1] From 1994 to 2015, he served as the AQR Capital Management Distinguished Service Professor of Finance at the University of Chicago Booth School of Business.
[1] Born in Chicago, Cochrane received a BS in physics from the Massachusetts Institute of Technology in 1979, and a PhD in economics from the University of California, Berkeley in 1986.
[8] Cochrane has interests in diverse fields of economics, including asset markets, financial crisis and regulations, monetary and fiscal policies, and health insurance.
Cochrane has worked on the fiscal theory of the price level,[9] on the debate between permanent and temporary shocks in macroeconomic fluctuations,[10] and the cost of near-rational behavior.
[11] Cochrane also developed an online class called "Asset Pricing" that is free and opens to anyone who is interested in learning more about this area.
By registering through Canvas, students and faculty who intend to learn more about asset pricing will have the opportunities to take this class and complete relevant quizzes and exams.
[17] Paul Krugman has repeatedly criticised Cochrane’s viewpoints in The Grumpy Economist, both on his own blog, and in a 2009 New York Times article.