Maurice F. Strong Career Development Professor of Management, 2009-present.
Associate Professor of Finance, 2010-present.
Assistant Professor of Finance, 2006-2010.
Education
Ph.D. in Finance, Stanford Graduate School of Business, 2001-2006.
M.S in Mathematics, Instituto de Matemática Pura e Aplicada (IMPA), Brazil, 1999-2001.
B.A. in Economics, Pontifícia Universidade Católica (PUC-Rio), Brazil, 1995-1999.
Exchange Student, University of California at Berkeley, 1997-1998.
Research Interests
Corporate Finance, Financial Institutions, and Financial Markets.
Journal Articles
"Incentives and Creativity: Evidence from the Academic Life Sciences"
(with Pierre Azoulay and Joshua Graff Zivin).
Rand Journal of Economics (forthcoming).
"Motivating Innovation."
Journal of Finance (forthcoming).
"Governance Through Trading and Intervention: A Theory of Multiple Blockholders" (with Alex Edmans).
Review of Financial Studies (forthcoming).
"The Relative Contributions of Private Information Sharing
and Public Information Releases to Information Aggregation" (with Darrell Duffie and Semyon Malamud).
Journal of Economic Theory, vol. 145 (2010).
"Obfuscation, Learning, and the Evolution of Investor Sophistication" (with Bruce Carlin).
Review of Financial Studies, vol. 23 (2010).
"Information Percolation with Equilibrium Search Dynamics" (with Darrell Duffie and Semyon Malamud),
Econometrica, vol. 77 (2009).
"Performance-Sensitive Debt" (with Bruno Strulovici and Alexei Tchistyi), Review of Financial Studies, vol. 23 (2010).
"Information Percolation" (with Darrell Duffie and Gaston Giroux), American Economic Journal: Microeconomics, vol. 2 (2010).
"Investment Reversibility and Agency Cost of Debt," Econometrica, vol. 76 (2008).
"Information Percolation in Large Markets." (with Darrell Duffie),
American Economic Review P&P., vol. 97 (2007).
Book Chapters
"Incentives for Innovation: Bankruptcy, Corporate Governance, and Compensation Systems" (with Florian Ederer). Handbook of Law, Innovation, and Growth (forthcoming), Edward Elgar Publishing.
Working Papers
"Is Pay-for-Performance Detrimental to Innovation?" (with Florian Ederer).
"Information Percolation in Segmented Markets" (with Darrell Duffie and Semyon Malamud)
"Libertarian Paternalism, Information Sharing, and Financial Decision-Making" (with Bruce Carlin and Simon Gervais)
"Macroeconomic Risk and Debt Overhang" (with Hui Chen)
"Feedback Effects of Credit Ratings"
Honors
Swiss Finance Institute Outstanding Paper Award, 2010.
Review of Financial Studies Young Researcher Award, 2009.
NBER IPE Grant, "Incentives and Creativity," 2007-2008.
Lehman Brothers Fellowship for Research Excellence in Finance, First Prize, 2005.
Stanford Institute for Economic Policy Research (SIEPR) Fellowship, 2005-2006.
Student Travel Award, American Finance Association, 2005.
Jaedicke Merit Award, Stanford Graduate School of Business, 2001-2002.
GSB Fellowship, Stanford Graduate School of Business, 2001-2006.
Award for Academic Achievement, Instituto Matemática Pura e Aplicada, 2001.
Academic Excellence Scholarship, Pontifícia Universidade Católica, 1995-1999.
First place in admission exams, Pontifícia Universidade Católica, 1995.
Professional Experience
Referee for American Economic Review, Economic Theory, Journal of
Economic Theory, Journal of Finance, Journal of Financial Intermediation ,
Journal of Political Economy, Management Science,
Quarterly Journal of Economics, Review of Economics and Statistics,
Review of Economic Studies, Review of Finance,
Review of Financial Studies.
