G. Michael Phillips, Ph.D.

Dr. Phillips has been a professor of finance at California State University, Northridge since 1985. He previously taught at the University of Southern California and served as an economist for the United States Department of Commerce. Dr. Phillips received his Ph.D. in 1982 from the University of California, San Diego, with the dissertation advice of Walter P. Heller and Nobel Prize winner C. W. J. Granger.

Dr. Phillips is author or coauthor of numerous monographs and a book. In addition, his articles have appeared in various scholarly economics and finance journals including Quarterly Journal of Finance and Accounting, Journal of Asset Management, Journal of Economics and Finance, American Real Estate and Urban Economics Association Journal, The Appraisal Journal, Business Valuation Review, Defense Counsel Journal, Family Business Review, Industrial and Labor Relations Review, Journal of Business Forecasting, Journal of Forensic Economics, Journal of Insurance Issues and Practices, Journal of Monetary Economics, Journal of Risk and Insurance, and Litigation Economics Digest. He has also published research in the fields of biology, engineering, and religion. His research generally involves the subjects of expectation formation and valuation in incomplete or informationally constrained markets. Building on this research, Dr. Phillips led the development of EconomicInvestor and MacroRisk Analytics, web-based portfolio analysis and optimization tools for individuals and institutions respectively. He uses these patented tools to show how the economy relates to investment values for assets including stocks, mutual funds, and many indices.

Dr. Phillips has acted as a consultant for several governmental agencies as well as many of the Fortune 500. He has also served as an expert witness in Federal and State courts regarding statistics, econometrics, forecasting, economics, finance, and valuation.