Raymond Hill joined Goizueta Business School in 2003 and teaches managerial economics and finance. Hill began his academic career by teaching economics at Princeton University, before leaving in 1982 to become an investment banker with Lehman Brothers. His work at Lehman included a seven year stay in Hong Kong as managing director of its investment banking business in Asia outside of Japan. Hill returned to his native Georgia in 1993 and worked for ten years at Mirant Corporation and its predecessor, a subsidiary of Southern Company. During that time he served as the company’s chief financial officer, except for an eighteen month stint as a CEO of one of the largest independent power companies in Asia, which was owned by Southern.
Hill earned his undergraduate degree at Princeton and his PhD in economics from MIT. He also studied at the Institut de Hautes Etudes Internationales in Geneva under the Fulbright Fellowship program.
PhD in EconomicsMassachusetts Institute of Technology
BS in EconomicsPrinceton University
The Massachusetts model of profit regulation in nonlife insurance: an appraisal and extensions
In the late 1970s, a number of economists applied the Capital Asset Pricing Model (CAPM) to the problem of pricing insurance contracts (eg, Munch and Smallwood 1978, Fairley, 1979, and Hill 1979). The CAPM offered a means of systematically accounting for ...
Profit regulation in property-liability insurance
There has been substantial interest in the question of how (and whether) to allow for investment income in setting rates for property-liability insurers. In a sense this interest is premature, since the fair (ie, competitive) total profit for an insurance firm has not been ...
Capital movements among major OECD countries: some preliminary results
This paper reports the preliminary results of a project aimed at developing an empirical model explaining capital flows among the major OECD countries. The work is based on the portfolio-equilibrium, stock-adjustment view of capital flows...