NBER Reporter: 2010 Number 4 Profiles

NBER Profile: Malcolm Baker

Malcolm Baker has been an NBER Research Associate since 2007, and will direct the NBER's Corporate Finance Program beginning in January 2011. He is the Dwight P. Robinson, Jr. Professor of Business Administration at the Harvard Business School, where he has taught since 2001.

Baker received a Ph.D. in business economics from Harvard University in 2000, an M.Phil. in finance from Cambridge University, and a B.A. in applied mathematics-economics from Brown University. Before beginning his doctoral studies, he was a senior associate at Charles River Associates and a member of the U.S. Olympic Rowing Team.

Baker's research is in the areas of behavioral finance, corporate finance, and asset pricing, with a primary focus on the interaction between corporate financing decisions and inefficiency in capital markets. He has been an associate editor of the Journal of Finance since 2007.

Baker lives in Newton, MA, with his wife, Christina, and his children, Ellie (10) and Colin (7).

Malcolm Baker

NBER Profile: Gary D. Libecap

Gary D. Libecap is a Research Associate in the NBER's Programs in the Development of the American Economy and Environmental and Energy Economics. He is also a Professor of Corporate Environmental Management at the Donald Bren School of Environmental Science & Management, University of California, Santa Barbara.

Libecap holds an M.A. and Ph.D. in Economics from the University of Pennsylvania and B.A. in Economics from the University of Montana. He joined the Bren School faculty in 2006. Prior to that time, he was the Anheuser Busch Professor, and Professor of Economics and Law, at the University of Arizona, Tucson, where he taught for more than twenty years.

In addition to teaching business, law, and economics, often in a natural resource context, Libecap was instrumental in developing the Eco-Entrepreneurship focus, a joint venture between the Bren School and the School of Engineering. He has also served as president of the Economic History Association, the Western Economics Association International, and the International Society for the New Institutional Economics.

Gary D. Libecap

NBER Profile: Ulrike Malmendier

Ulrike Malmendier is a Research Associate in the NBER's Programs on Corporate Finance and Labor Economics. She is also an Associate Professor of Economics (with tenure) in the Economics Department, and an Associate Professor of Finance, at the Haas School of Business at the University of California, Berkeley.

Malmendier joined the Berkeley faculty in 2006, after having been an Assistant Professor of Finance at Stanford University since 2002. She also has been a Visiting Scholar at the Max-Planck Institute in Bonn, a Visiting Fellow at Princeton University, and a Visiting Assistant Professor of Finance at the Graduate School of Business at the University of Chicago over the past five years.

Malmendier received her Ph.D. in Business Economics from Harvard University in 2002, and her Ph.D. in Law from the University of Bonn in 2000. In 2010 she received the Alfred P. Sloan Prize fellowship, and she currently serves as associate editor for the Journal of Financial Intermediation, the Economic Journal, and the Journal of the European Economic Association. She is also the co-founder and organizer of the Behavioral Annual Economics Meetings (BEAM).

Malmendier lives in North Berkeley, CA with her husband Stefano DellaVigna and her two sons, Thomas (2 years) and Lucas (6 months). When she is not sitting in *the* original Peet's Coffee shop (pretending to work) or juggling her academic life between her two campus affiliations, she enjoys jogging and biking in the Berkeley hills, the food in Berkeley's Gourmet Ghetto, and watching the sun setting behind the Golden Gate Bridge.

Ulrike Malmendier

NBER Profile: Benjamin A. Olken

Benjamin A. Olken is a Research Associate in the NBER's Programs on Political Economy, Economic Fluctuations and Growth, and Children. He is also a tenured Associate Professor of Economics at MIT. His research focuses on political economy issues in developing countries, with a particular interest in corruption.

Olken received his BA as a double-major in Mathematics and Ethics, Politics, and Economics from Yale University in 1997 and his Ph.D. in Economics from Harvard University in 2004. He joined the MIT faculty in 2008, after a three-year term as a Junior Fellow of the Harvard Society of Fellows and a one-year post-doctoral fellowship at the NBER.

This academic year, Olken is a Visiting Associate Professor of Economics at the University of Chicago's Booth School of Business. He has been working in Indonesia since 1997, when he was a Henry Luce Scholar in Economic Policy based in Jakarta during the last days of the Soeharto regime.

Olken and his wife, Amy Finkelstein, also a professor of economics at MIT, live in Brookline, MA. They have two children, Sam age 3, and Sarah age 10 months.

Benjamin A. Olken

NBER Profile: Sarah E. Turner

Sarah E. Turner is a Research Associate in the NBER's Program on Education and the University Professor of Economics and Education at the University of Virginia. She received a B.A. in Economics from Princeton University in 1989 and a Economics from the University of Michigan in December 1997.

Turner joined the University of Virginia faculty as an Assistant Professor in 1997, was promoted to Associate Professor in 2003, and to full professor in 2008. She is also a Research Affiliate of the Population Studies Center of the University of Michigan.

Turner resides in Charlottesville, Virginia with her dog, Amos, and her horse, Scooter.

Sarah E. Turner
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