Profile picture of John Chalmers

John Chalmers

Abbott Keller Professor of Finance

Affiliations: Finance, Cameron Center for Finance and Securities Analysis, Master of Science in Finance, Oregon MBA, Undergraduate Programs
Phone: 541-346-3337
Office: Anstett 393E

Publications

Journal Articles:

Chalmers, John, Z. Jay Wang, and Jingyun Yang. "Fund Structure and Liquidity Management: Evidence from Open- Vs. Closed-End Municipal Bond Funds." Finance Research Letters 73: 106499. https://doi.org/10.1016/j.frl.2024.106499.

March 2025

Chalmers, John, Olivia S. Mitchell, Jonathan Reuter, and Mingli Zhong. "Do State-Sponsored Retirement Plans Boost Retirement Saving?" American Economic Review 112: 142-46. https://doi.org/10.1257/pandp.20221021.

May 2022

Chalmers, John, Yu (Steve) Liu, and Z. Jay Wang. "The Difference a Day Makes: Timely Disclosure and Trading Efficiency in the Muni Market." Journal of Financial Economics 139, no. 1: 313-335. https://doi.org/10.1016/j.jfineco.2020.07.015.

January 2021

Chalmers, John, and Jonathan Reuter. "Is Conflicted Advice Better Than No Advice?" Journal of Financial Economics 138, no. 2: 366-387. https://doi.org/10.1016/j.jfineco.2020.05.005.

November 2020

Chalmers, John, Woodrow T. Johnson, and Jonathan Reuter. "The Effect of Pension Design on Employer Costs and Employee Retirement Choices: Evidence from Oregon." Journal of Public Economics 116: 17-34. https://doi.org/10.1016/j.jpubeco.2013.07.001.

August 2014

Chalmers, John, Adotya Kaul, and Blake Phillips. "The Wisdom of Crowds: Mutual Fund Investors' Aggregate Asset Allocation Decisions." Journal of Banking and Finance 37, no. 9: 3318-3333. https://doi.org/10.1016/j.jbankfin.2013.05.004.

September 2013

Chalmers, John, and Jonathan Reuter. "How Do Retirees Value Life Annuities? Evidence from Public Employees." The Review of Financial Studies 25, no. 8: 2601-2634. https://doi.org/10.1093/rfs/hhs057.

August 2012

Bergstresser, Daniel, John M. R. Chalmers, and Pater Tufano. "Assessing the Costs and Benefits of Brokers in the Mutual Fund Industry." Review of Financial Studies 22, no. 10: 4129-4156. https://doi.org/10.1093/rfs/hhp022.

October 2009

Chalmers, John M. R.. "Systematic Risk and the Muni Puzzle." National Tax Journal 59, no. 4: 833-848. https://doi.org/10.17310/ntj.2006.4.05.

December 2006

Chalmers, John M. R., Larry Y. Dann, and Jarrad Harford. "Managerial Opportunism? Evidence from Directors' and Officers' Insurance Purchases." Journal of Finance 57, no. 2: 609-636. https://doi.org/10.1111/1540-6261.00436.

April 2002

Chalmers, John M. R., Roger M. Edelen, and Gregory B. Kadlec. "On the Perils of Financial Intermediaries Setting Security Prices: The Mutual Fund Wild Card Option." Journal of Finance 56, no. 6: 2209-2236. https://doi.org/10.1111/0022-1082.00403.

December 2001

Chalmers, John M. R., and Gregory B. Kadlec. "An Empirical Study of the Amortized Spread." Journal of Financial Economics 48, no. 2: 159-188. https://doi.org/10.1016/S0304-405X(98)00007-5.

May 1998

Chalmers, John M. R. "Default Risk Cannot Explain the Muni Puzzle: Evidence from Municipal Bonds that are Secured by U.S. Treasury Obligations." Review of Financial Studies 11, no. 2: 281-308. https://doi.org/10.1093/rfs/11.2.281.

April 1998

In the News

A study co-led by finance professor John Chalmers found benefits to auto-enrollment in retirement plans.
Professor John Chalmers and his coauthor share their research on the quality of investment advice in Harvard Law School Forum on Corporate Governance.
Research by John Chalmers and Z. Jay Wang finds that real-time financial reporting improves muni bond markets.
Lundquist College of Business faculty share a message of encouragement and resilience with students.
Senior Petra Salko will soon choose a direction for her professional life. Thanks to her work ethic and aptitude both in the classroom and on the golf course, she'll have plenty of options.

When it comes to finance, the Lundquist College has much to quack about of late. Read some of its recent activities and achievements.

A panel of experts discussed the topic “Ethics and Entrepreneurship” during the spring 2016 Fred P. Thompson Lecture.
Special guest Andrew P. Kelly gave a lecture entitled "The Student Debt Crisis" to an audience of nearly 200 during the second Fred P. Thompson Lecture.