Adam Ashcraft
Ph.D., MIT, 2001
Interests: Monetary policy and the transmission mechanism; bank capital regulation;
market discipline; causal methods in econometrics; labor economics.

Nicola Cetorelli
Ph.D., Brown, 1996
Interests: Banking; industrial organization; corporate finance; bank finance and real activity.

Beverly Hirtle
Ph.D., MIT, 1986
Interests: Retail banking and bank branching; risk management and measurement;
banks’ dividend and stock repurchase behavior; disclosure; bank capital.

Anna Kovner
Ph.D., Harvard University, 2008
Interests: Corporate finance; behavioral finance; private equity.

Hamid Mehran
Ph.D., University of North Carolina, 1990
Interests: Corporate finance.

Donald Morgan
Ph.D., Wisconsin, 1989
Interests: Payday credit; 2005 bankruptcy reform; bank credit standards and economic activity.

Stavros Peristiani
Ph.D., Columbia, 1984
Interests: Banking and finance; real estate finance; theoretical and applied econometrics.

João Santos
Ph.D., Boston University, 1994
Interests: Corporate finance; banking; banking regulation and the design of financial systems, institutions, and contracts.

James Vickery
Ph.D., MIT, 2004
Interests: Banking and financial institutions; corporate finance; consumer finance;
development finance.

Chenyang Wei
Ph.D., NYU, 2006
Interests: Empirical finance; corporate governance; credit risk; fixed-income investment.

Tanju Yorulmazer
Ph.D., NYU, 2003
Interests: Financial intermediation; systemic risk; liquidity; financial crises and resolution.

To learn more about joining the Research Group: www.newyorkfed.org/careers/phd.html.

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