John Shoven

Research: Corporate finance (dividend behavior, mergers and acquisitions, share purchase), social security and private pensions, stock and bond returns, mutual funds, federal, personal and corporate income taxation, international cost-of-capital comparisons, applied general equilibrium analysis
Current Research: Asset allocation and asset location theory; the effects of taxes on the relative performance of mutual funds; the long-run future of pension fund saving; public policy towards pensions
Teaching: Public finance, introductory economics, intermediate micro-economics, investment

John B. Shoven, PhD John B. Shoven is the Wallace R. Hawley Director of the Stanford Institute for Economic Policy Research and the Charles R. Schwab Professor of Economics at Stanford. He is also a Senior Fellow at the Hoover Institution and a Research Associate of the National Bureau of Economic Research. He specializes in public finance and corporate finance and has published on Social Security, health economics, corporate and personal taxation, mutual funds, pension plans, economic demography and applied general equilibrium economics. His books include The Real Deal: The History and Future of Social Security, Yale University Press, 1999 and The Evolving Pension System, Brookings Institution Press, 2005. His most recent book is co-authored with former Secretary of State and Treasury George Shultz and deals with both Social Security and health care reform in the U.S. (Putting Our House in Order: A Guide to Social Security and Health Care Reform, WWNorton, 2008). He also recently published a research paper on new ways of measuring age (“New Age Thinking: Alternative Ways of Measuring Age, Their Relationship to Labor Force Participation, Government Policies and GDP,” NBER Working Paper No. 13476. October 2007). His journal publications appear in such places as the American Economic Review, Journal of Economic Perspectives, and the Journal of Public Economics. In total, he has published more than one hundred professional articles and twenty books.

Professor Shoven is a Fellow of the American Academy of Arts and Sciences, a recipient of the Paul A. Samuelson Award for Outstanding Scholarly Writing on Lifelong Financial Security, and an award winning teacher at Stanford. He received his Ph.D in Economics from Yale University in 1973 and has been associated with Stanford ever since. He was Dean of Humanities and Sciences from 1993 to 1998. He is Chairman of the Board of Board of Cadence Design Systems and serves on the boards of American Century Funds, Exponent, Inc. and Financial Engines, Inc.