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About the Author(s)

Gregor Matvos

Gregor Matvos is a professor of finance at the University of Texas at Austin, McCombs School of Business. He is a research associate in the NBER's Corporate Finance group, and serves as an editor of The Review of Corporate Finance Studies and an associate editor of The Journal of Finance. He was previously an associate editor at Management Science and a faculty member at the University of Chicago Booth School of Business.

Matvos is interested in issues related to financial intermediation, household finance, and corporate finance.

His papers in these areas have been published in several journals, including American Economic Review, Journal of Political Economy, The Journal of Finance, Journal of Financial Economics, and The Review of Financial Studies. His research has been featured in major media, including Bloomberg, The Economist Financial Times, The New York Times, and The Wall Street Journal.

Born and raised in Slovenia, Matvos earned a BA in economics and a PhD in business economics from Harvard University.

Amit Seru

Amit Seru is the Steven and Roberta Denning Professor of Finance at Stanford University's Graduate School of Business, a senior fellow at the Hoover Institution and the Stanford Institute for Economic Policy Research, and a research associate in the NBER's Corporate Finance and Monetary Economics groups. He was formerly a faculty member at the University of Chicago Booth School of Business.

Seru's primary research interest is in corporate finance; he is interested in issues related to financial intermediation and regulation, with recent work focusing on regulatory aspects of shadow banks, fintech lenders, and financial advisers. He is also interested in interactions of internal organization of firms with financing and investment, with particular emphasis on technological innovation. His papers in these areas have appeared in several leading journals. He is a co-editor of The Journal of Finance and was previously editor of The Review of Corporate Finance Studies, a department editor of Management Science, and an associate editor of Journal of Political Economy.

Seru earned a BE and an MBA from the University of Delhi. Subsequently, he received a PhD in finance from the University of Michigan.

Endnotes

1. 2018 Edelman Trust Barometer, Global Report; M. Egan, G. Matvos, and A. Seru, "The Market for Financial Adviser Misconduct," NBER Working Paper No. 22050, February 2016.   Go to ⤴︎
2. Ibid, NBER Working Paper No. 22050.   Go to ⤴︎
3. E. Fama, "Agency Problems and the Theory of the Firm," Journal of Political Economy, 88(2), 1980, pp. 288–307; E. Fama and M. Jensen, "Agency Problems and Residual Claims," the Journal of Law and Economics, 26(2), 1983, pp. 327–49.   Go to ⤴︎
4. M. Egan, G. Matvos, and A. Seru, "When Harry Fired Sally: The Double Standard in Punishing Misconduct," NBER Working Paper No. 23242, March 2017.   Go to ⤴︎
5. G. Becker, "The Economics of Discrimination", Chicago, Illinois: University of Chicago Press, 1957. Go to ⤴︎

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