He is Sterling Professor of Economics, Department of Economics and Cowles Foundation for Research in Economics, Yale University, and Professor of Finance and Fellow at the International Center for Finance, Yale School of Management. He was awarded the Nobel Prize in Economic Sciences jointly with Eugene Fama and Lars Peter Hansen in 2013. He has written on financial markets, financial innovation, behavioral economics, macroeconomics, real estate, statistical methods, and on public attitudes, opinions, and moral judgments regarding markets. His latest book is Narrative Economics: How Stories Go Viral and Drive Major Economic Events, Princeton University Press, 2019. He writes a regular column Finance in the 21st Century for “Project Syndicate”, and Economic View for “The New York Times”.