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George Constantinides

Leo Melamed Professor of Finance, University of Chicago George Constantinides is the Leo Melamed Professor of Finance at the University of Chicago Booth School of Business. He studies the causes of t

Leo Melamed Professor of Finance, University of Chicago

George Constantinides is the Leo Melamed Professor of Finance at the University of Chicago Booth School of Business. He studies the causes of the historically observed premium of equity returns over bond returns, the value premium, and the size premium; the pricing and hedging of options, futures, and other derivatives; the effect of market sentiment on economic development and productivity; the effect of transaction costs and taxes on the pricing of derivatives; and portfolio management. He has published numerous papers in distinguished academic journals on these topics. A former president of the American Finance Association and of the Society for Financial Studies, Constantinides is a research associate at the National Bureau of Economic Research. He serves as a director and trustee of the Dimensional Fund Advisors' family of funds and trusts. Constantinides earned a bachelor's degree from Oxford University and MBA and DBA degrees from Indiana University. He joined the Chicago Booth faculty in 1979, having previously taught at Carnegie Mellon University. He also visited Harvard University as a Marvin Bower Fellow. Outside his research and teaching, he likes to spend time with family and friends, travel, scuba dive, read, listen to music, and discover new people, ideas, places, and restaurants.