Edwin J. Elton

{{short description|American economist (born 1939)}} {{Use dmy dates|date=May 2020}} {{Infobox economist | name = Edwin Elton | birth_date = {{birth date and age|1939|10|5}} | institution = New York University Stern School of Business | field = | alma_mater = Ohio Wesleyan University<br />Carnegie Mellon University }}

'''Edwin J. Elton IV''' (born 5 October 1939) is a former Nomura Professor of Finance at New York University Stern School of Business and academic director of the Stern Doctoral Program.<ref name="w4.stern.nyu.edu">{{Cite web |url=http://w4.stern.nyu.edu/faculty/facultyindex.cgi?id=71 |title=Edwin Elton's profile at NYU Stern School of Business |access-date=26 March 2009 |archive-url=https://web.archive.org/web/20100618035004/http://w4.stern.nyu.edu/faculty/facultyindex.cgi?id=71 |archive-date=18 June 2010 }}</ref>

==Biography== Elton has served as a portfolio theory and investment management consultant for major financial institutions in Asia, Europe, and the United States. He has been a senior research fellow at the International Institute of Management in Berlin and a visiting scholar at the European Institute for Advanced Studies in Management (EIASM) in Brussels and at Katholieke Universiteit Leuven.

He received the Graham Dodd Award for research in investments and was named Distinguished Scholar by the Eastern Finance Association. He is a former president of the American Finance Association.<ref name="w4.stern.nyu.edu"/>

Elton is currently associate editor of ''Journal of Banking and Finance'' and ''Journal of Accounting, Auditing, and Finance'', and was formerly co-managing editor of ''The Journal of Finance''. He has been a member of the board of directors of the American Finance Association and an associate editor of ''Management Science''.<ref name="w4.stern.nyu.edu"/>

He received his BS in Math from Ohio Wesleyan, and his MS and PhD in Industrial Administration from Carnegie-Mellon.<ref name="w4.stern.nyu.edu"/>

==Publications== Elton has authored or coauthored eight books and over 110 articles. His book ''Modern Portfolio Theory and Investment Analysis''<ref>{{cite book|author1=Edwin J. Elton|author2=Martin J. Gruber|author3=Stephen J. Brown|title=Modern Portfolio Theory and Investment Analysis, 9th Edition: Ninth Edition|url=https://books.google.com/books?id=aIFbAgAAQBAJ|date=6 December 2013|publisher=Wiley Global Education|isbn=978-1-118-80580-0}}</ref> is the standard textbook used in most leading graduate schools of business.<ref name="w4.stern.nyu.edu"/><ref>[https://www.amazon.com/s/ref=nb_ss_gw?url=search-alias%3Daps&field-keywords=edwin+Elton List of Books on Amazon]</ref>

*{{cite book |title=Economic News and the Yield Curve: Evidence from the US Treasury Market |author1=Balduzzi, P. |author2=E. Elton |author3=T. Green |name-list-style=amp |publisher=Journal of Financial and Quantitative Analysis |volume=36 |issue=1 |date=Dec 2001}} *{{cite book |title=Presidential Address: Expected Return, Realized Return and Asset Pricing Tests |author=Elton, E. |publisher=Journal of Finance |date=Aug 1999 }} *{{cite book |title=Tax and Liquidity in Pricing of Government Bonds |author1=Elton, E. |author2=T. Green |publisher=Journal of Finance |volume= 53 |issue= 5 |date=Oct 1998 |pages=1533–62}} *{{cite book |title=Optimum Centralized Portfolio Construction with Decentralized Portfolio Management |author1=Elton, E. |author2=M. Gruber |publisher=Journal of Financial and Quantitative Analysis |date=Sep 2004}} *{{cite book |title=The Rationality of Asset Allocation Recommendations |author1=Elton, E. |author2=M. Gruber |publisher=Journal of Financial and Quantitative Analysis |volume=35 |issue=1 |date=March 2000}} *{{cite book |title=Explaining the Rate Spread on Corporate Bonds? |author=Elton, E. |author2=M. Gruber |author3=D. Agrawal |author4=C. Mann |publisher=Journal of Finance |date=Feb 2001}} *{{cite book |title=Factors Affecting the Valuation of Corporate Bonds |author=Elton, E. |author2=M. Gruber |author3=D. Agrawal |author4=C. Mann |publisher=Journal of Banking and Finance |date=Nov 2004}} *{{cite book |title=The Adequacy of Investment Choices Offered By 401K Plans |author1=Elton, E. |author2=M. Gruber |author3=C. Blake |name-list-style=amp |publisher=Journal of Public Economics |volume=90 |issue=6–7 |date=Aug 2006|pages=1299–1314}} *{{cite book |title=A First Look at the Accuracy of the CRSP Mutual Fund Database and a Comparison of the CRSP and Morningstar Mutual Fund Databases |author1=Elton, E. |author2=M. Gruber |author3=C. Blake |name-list-style=amp |publisher=Journal of Finance |volume=56 |issue=6 |date=Dec 2001}} *{{cite book |title=Common Factors in Active and Passive Portfolios |author1=Elton, E. |author2=M. Gruber |author3=C. Blake |name-list-style=amp |publisher=European Financial Review |volume=3 |issue=1 |year=1999}} *{{cite book |title=Incentive Fees and Mutual Funds |author1=Elton, E. |author2=M. Gruber |author3=C. Blake |name-list-style=amp |publisher=Journal of Finance |volume=58 |issue=2 |date=April 2003}} *{{cite book |title=Marginal Stockholder Tax Effects and Ex-Dividend Day Behavior-Thirty-Two Years Later |author1=Elton, E. |author2=M. Gruber |author3=C. Blake |name-list-style=amp |publisher=Review of Economics and Statistics |volume=87 |issue=3 |year=2005 |pages=579–586}} *{{cite book |title=Monthly Holdings Data and the Selection of Superior Mutual Funds |author1=Elton, E. |author2=M. Gruber |author3=C. Blake |name-list-style=amp }} *{{cite book |title=Participant Reaction and the Performance of Funds Offered by 401(k) Plans |author1=Elton, E. |author2=M. Gruber |author3=C. Blake |name-list-style=amp |publisher=Journal of Financial Intermediation |volume=16 |issue=2 |date=April 2007 |pages=240–271}} *{{cite book |title=Are Investors Rational? Choices among Index Funds |author1=Elton, E. |author2=M. Gruber |author3=J. Busse |name-list-style=amp |publisher=Journal of Finance |volume=59 |issue=1 |date=Feb 2004}} *{{cite book |title=Spiders: Where Are the Bugs? |author=Elton, E. |author2=M. Gruber |author3=G. Comer |author4=K. Li |publisher=Journal of Business |volume=75 |issue=3 |date=Dec 2001}} *{{cite book |title=The Impact of Mutual Fund Family Membership on Investor Risk |author1=Elton, E. |author2=M. Gruber |author3=T. Green |name-list-style=amp |publisher=Journal of Financial and Quantitative Analysis |volume=42 |issue=2 |date=June 2007 |pages=257–278}} *{{cite book |title=The Effect of the Frequency of Holding Data on Conclusions about Mutual Fund Behavior |author=Elton, E. |author2=M. Gruber |author3=J. Krasny |author4=S. Ozelge}} *{{cite book |title=Improved Estimates of Correlation Coefficients and Their Impact on the Optimum Portfolios |author1=Elton, E. |author2=M. Gruber |author3=J. Spitzer |name-list-style=amp |publisher=European Financial Management |volume=12 |issue=3 |date=June 2006 |pages=303–318}} *{{cite book |author1=Elton, Edwin |author2=J Gruber |author3=Martin J |title=Investments and Portfolio Performance |year=2010 |publisher=World Scientific |url=http://www.worldscibooks.com/economics/8034.html |isbn=978-981-4335-39-3 |page=416}}

==References== {{Reflist}}

==External links== *[https://web.archive.org/web/20100618035004/http://w4.stern.nyu.edu/faculty/facultyindex.cgi?id=71 NYU Stern profile] *[http://pages.stern.nyu.edu/~eelton/ Edwin Elton's biography] *[https://web.archive.org/web/20090405040117/http://globalfinance.bm.ust.hk/index.asp Master of Science in Global Finance]

{{DEFAULTSORT:Elton, Edwin}} Category:1939 births Category:Living people Category:Corporate finance theorists Category:American financial economists Category:New York University Stern School of Business faculty Category:Ohio Wesleyan University alumni Category:Presidents of the American Finance Association Category:Tepper School of Business alumni