Finance
Finance focuses on how corporations, governments, and individuals raise funds and allocate resources over time, under conditions of risk or uncertainty.
Financial markets and financial asset prices play a critical role in determining optimal funding and resource allocation decisions and are a central focus of research and teaching in finance at the Tepper School.
Specific study includes savings and investment strategies, financial market regulation, international finance, tax effects, and the banking system.
Faculty Research Spotlight
In our Academic Minds video series, our faculty share insights from their research on wide-ranging business topics.
Currency Stability Using Blockchain Technology
Bryan R. Routledge, Associate Professor of Finance
Finance Faculty in the News
Solona Crypto: What It Is and How It Works, quotes Bryan Routledge, Associate Professor of Finance.
Collateralised Fund Obligations: How Private Equity Securitised Itself quotes James Albertus,
Assistant Professor of Finance.
FTX Investors Fear for Their Money As Crypto Firm Files for Bankruptcy quotes Chester Spatt, Pamela R. and Kenneth B. Dunn Professor of Finance.
It’s Looking a Lot Like the Dot-Com Crash Again. Is the Economy Headed for an Early 2000s-Style Recession? quotes Bryan Routledge, Associate Professor of Finance.
Why Musk’s Twitter Bid Has Shaken Tesla Investors, features Chester Spatt, Pamela R. and Kenneth B. Dunn Professor of Finance.
Recent Faculty Publications
- "Microeconomic Sources of Real Exchange Rate Variability" by Telmer, C. (2019)
- “Conflicts of Interest in Asset Management and Advising” by Spatt, C. (2020) Annual Review of Financial Economics
- "Preventing Controversial Catastrophes" by Hollifield, B., Baker, S. & Osambela, E. (2018) in The Review of Asset Pricing Studies
- “A Tale of Two Crises: The 2008 Mortgage Meltdown and the 2020 COVID-19 Crisis” by Spatt, C. (2020) The Review of Asset Pricing Studies
- "Foreign Investment of U.S. Multinationals: The Effect of Tax Policy and Agency Conflicts" by Albertus, J. F., Glover, Brent., & Levine, O. (2019) in SSRN