Department of Economics, University of Michigan


Benjamin Chabot Lecturer I PhD, Northwestern University, 2000 Contact Information University of Michigan Department of Economics 611 Tappan 351D Lorch Hall Ann Arbor, MI 48109-1220 Phone: 734-763-9238 Fax: 734-764-2769 Email: remy@umich.edu

Fields of Study Economic History International Finance About Benjamin Chabot Professor Chabot's main research focus is in economic history and finance with an emphasis on financial market integration, asset pricing and the link between financial markets and economic growth. Currently, Professor Chabot is collecting a sample of stocks traded in the United States and London between 1865 and 1925. These data are sampled every 28 days and include the bid and ask or quotation of every stock listed or traded over-the-counter in New York, London, Boston, Philadelphia, Baltimore, Chicago, San Francisco, Louisville, Cincinnati, St. Louis and Charleston. His research investigates the links between capital market integration, efficiency, and economic growth. Topics include: the timing of world capital market integration and its effects upon economic growth, the links between regulation, taxes, and financial market efficiency, long run changes in risk premiums, historical asset pricing anomalies, and the link between financial development and economic output. Publications Chabot, Benjamin, "A Single Market? The Stock Exchanges of the United States and London: 1866-1885," University of Michigan, working paper. Chabot, Benjamin, "Risk and Return in Pre-CRSP Era Stock Markets," University of Michigan, working paper. Chabot, Benjamin, "Exchange Rate Regimes and Capital Market Integration: New York and London, 1870-1885," University of Michigan, working paper. Chabot, Benjamin, "Why Keep a Good House? The Price of Dollar-Sterling Exchange Rate Risk Between Gold Standard Regimes," University of Michigan, working paper. Chabot, Benjamin, "That's Where the Money Is. Home Bias and English Invesments in the United States, 1865-1907," University of Michigan, working paper.