Roman Lee Weil Jr. (May 22, 1940 – February 1, 2023) was an American economist, accountant, consultant, and emeritus faculty member of

Booth School of Business The University of Chicago Booth School of Business (branded as Chicago Booth) is the Postgraduate education, graduate business school of the University of Chicago, a private university, private research university in Chicago, Illinois. Founded in ...

at the

University of Chicago The University of Chicago (UChicago, Chicago, or UChi) is a Private university, private research university in Chicago, Illinois, United States. Its main campus is in the Hyde Park, Chicago, Hyde Park neighborhood on Chicago's South Side, Chic ...

, especially known for his work on

bond duration In finance, the duration of a financial asset that consists of fixed cash flows, such as a Bond (finance), bond, is the weighted average of the times until those fixed cash flows are received. When the price of an asset is considered as a functio ...

Biography

Roman L. Weil was born in 1940 in

Montgomery, Alabama Montgomery is the List of capitals in the United States, capital city of the U.S. state of Alabama. Named for Continental Army major general Richard Montgomery, it stands beside the Alabama River on the Gulf Coastal Plain. The population was 2 ...

, to Roman L. Weil Sr. and Charlotte Alexander Weil (the sister of architect Cecil Alexander). He graduated from Sidney Lanier High School in Montgomery in 1958. Weil obtained in 1962 his BA in economics and mathematics from

Yale University Yale University is a Private university, private Ivy League research university in New Haven, Connecticut, United States. Founded in 1701, Yale is the List of Colonial Colleges, third-oldest institution of higher education in the United Stat ...

, in 1965 his MA in industrial administration, and in 1966 his PhD in economics both at the 1966 from the

Tepper School of Business The Tepper School of Business is the business school of Carnegie Mellon University. It is located in the university's campus in Pittsburgh, Pennsylvania. The school offers degrees from the undergraduate through doctoral levels, in addition to ...

Carnegie Mellon University Carnegie Mellon University (CMU) is a private research university in Pittsburgh, Pennsylvania, United States. The institution was established in 1900 by Andrew Carnegie as the Carnegie Technical Schools. In 1912, it became the Carnegie Institu ...

. In 1973 he became a

Certified Public Accountant Certified Public Accountant (CPA) is the title of qualified accountants in numerous countries in the English-speaking world. It is generally equivalent to the title of chartered accountant in other English-speaking countries. In the United Stat ...

, and in 1974 a

Certified Management Accountant Certified Management Accountant (CMA) is a professional certification credential in the management accounting and financial management fields. The certification signifies that the person possesses knowledge in the areas of financial planning, ana ...

.Roman L. Weil, biography
Accessed 16.12.2014. Weil started his academic career at the

in 1965, and worked there until his retirement in 2008. Since then he taught at

Princeton University Princeton University is a private university, private Ivy League research university in Princeton, New Jersey, United States. Founded in 1746 in Elizabeth, New Jersey, Elizabeth as the College of New Jersey, Princeton is the List of Colonial ...

and the

University of California, San Diego The University of California, San Diego (UC San Diego in communications material, formerly and colloquially UCSD) is a public university, public Land-grant university, land-grant research university in San Diego, California, United States. Es ...

. Weil also served on several boards.

Selected publications

* Weil, Roman L. ''Handbook of modern accounting.'' Ed. Sidney Davidson. McGraw-Hill, 1977. * Davidson, Sidney, Clyde P. Stickney, and Roman L. Weil. ''Financial accounting: An introduction to concepts, methods, and uses.'' Dryden Press, 1979. * Davidson, Sidney, Clyde P. Stickney, and Roman L. Weil. ''Accounting: The language of business.'' (1987). Articles, a selection: * Fisher, Lawrence, and Roman L. Weil. "Coping with the risk of interest-rate fluctuations: returns to bondholders from naive and optimal strategies." ''Journal of Business'' (1971): 408–431. * Weil, Roman L. "Macaulay's duration: An appreciation." ''Journal of Business'' (1973): 589–592. * Ingersoll, Jonathan E., Jeffrey Skelton, and Roman L. Weil. "Duration forty years later." ''Journal of Financial and Quantitative Analysis'' 13.04 (1978): 627–650.

References

External links

Roman Weil
at chicagobooth.edu {{DEFAULTSORT:Weil, Roman L. 1940 births 2023 deaths American business theorists Economists from California Accounting academics Yale College alumni Tepper School of Business alumni University of Chicago faculty Princeton University faculty University of California, San Diego faculty 21st-century American economists