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December 15, 2017 Disclosure of Outside Activities Robert J. Shiller List of activities outside principal Yale University employment since 2008. Office President of the American Economic Association, 2016 Consulting Currently engaged in the joint analysis and development of index products and exchange‐ traded notes with Barclays PLC, London and New York. Speeches In addition to academic lectures and talks, represented by a speakers bureau, The Leigh Bureau, Bridgewater NJ, for for‐fee talks. Boards and Advisory panels Competitive Markets Advisory Council, CME Group (formerly Chicago Mercantile Exchange), Chicago IL Index Committee for the S&P/Case‐Shiller Home Price Indices, Standard & Poor’s (unpaid) Commissioned Research “Understanding Inflation-Indexed Bond Markets,” with John Campbell and Luis Viceira, Brookings Papers on Economic Activity, 2009, NBER Working Paper #15014, 2009. Other Activities Column “Finance in the 21 st Century” (every other month, alternating with Howard Davies, London School of Economics), Project Syndicate Column “Economic View” (roughly every six weeks, alternating with other columnists), New York Times

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December 15, 2017 Disclosure of Outside Activities Robert J. Shiller List of activities outside principal Yale University employment since 2008. Office President of the American Economic Association, 2016 ConsultingCurrentlyengagedinthejointanalysisanddevelopmentofindexproductsandexchange‐tradednoteswithBarclaysPLC,LondonandNewYork.SpeechesInadditiontoacademiclecturesandtalks,representedbyaspeakersbureau,TheLeighBureau,BridgewaterNJ,forfor‐feetalks.BoardsandAdvisorypanelsCompetitiveMarketsAdvisoryCouncil,CMEGroup(formerlyChicagoMercantileExchange),ChicagoILIndexCommitteefortheS&P/Case‐ShillerHomePriceIndices,Standard&Poor’s(unpaid)CommissionedResearch“Understanding Inflation-Indexed Bond Markets,” with John Campbell and Luis Viceira, Brookings Papers on Economic Activity, 2009, NBER Working Paper #15014, 2009.

Other Activities Column “Finance in the 21st Century” (every other month, alternating with Howard Davies, London School of Economics), Project Syndicate Column “Economic View” (roughly every six weeks, alternating with other columnists), New York Times