Kenneth French

Ronald Kenneth French ( born March 10, 1954 in Franklin, New Hampshire) is an American economist. His research focuses on investment strategies.

Life

Kenneth French, was born as the son of Vernon Cecil and Barbara Jean French, born Craig. He studied mechanical engineering at Lehigh University and graduated in 1975 with a bachelor's degree. He was followed by a study of finance and accounting at the University of Rochester, which he finished in 1978 with an MBA. A Master of Science, he received three years later from the University of Rochester for Finance and Econometrics. In 1983 he received his Ph.D. from the same university He then worked at the University of Chicago as a lecturer from 1985 as an associate and in 1987 as a full professor. In 1993, he was working alongside his work at the University of Chicago, a visiting professor at the Tuck School of Business at Dartmouth College. 1994 Kenneth French went to the Yale School of Management. There he worked as Edwin J. Beinecke Professor of Management and Finance. In 1998 he moved to the Massachusetts Institute of Technology, before he again went to the Tuck School of Business as Carl E. and Catherine M. Heidt Professor in 2001.

Along with Eugene Fama he wrote a series of essays questioned the validity of the Capital Asset Pricing Model (CAPM ) in question. This model states that only has the beta as aktienspzefische variable affect the expected return of the stock. In their essays they describe that also factors such as market capitalization and the ratio of book value and market value of equity affect the expected return of the stock next to the beta of the stock. These results lead to an extension of the Capital Asset Pricing Model to the Fama - French three- factor model.

Kenneth French is married and has three children.