Finance Research

The finance faculty is an active research group dedicated to advancing the understanding of financial economics. Many of the faculty have earned international reputations for contributions to their fields. They are officers of prestigious professional organizations, are editors of and serve on editorial boards of leading academic journals, and consult and teach for public and private sector organizations. They are frequent contributors to the leading scholarly journals in finance and economics.

The combined intellectual capital of the Smith School’s 150 full-time and 50 part-time faculty are geared to the forces that are transforming the global economy and business and dedicated to helping our students understand and adapt to change. The Smith School is consistently ranked in the top 15 in the world for faculty research by Businessweek and Financial Times.

Finance Seminar Speakers: Fall 2024

DATESPEAKERLOCATION
September 6
3:30 to 5 p.m.
Toni Whited
University of Michigan
Van Munching Hall, Room 1333
September 13
10:30 a.m. to Noon
Sharjil Haque
Federal Reserve
Download paper
Van Munching Hall, Room 1330
September 27
10:30 a.m. to Noon
John Shim
University of Notre Dame
Download paper
Van Munching Hall, Room 1330
October 4
10:30 a.m. to Noon
Paymon Khorrami
Duke University
Van Munching Hall, Room 1330
October 18
10:30 a.m. to Noon
Daniel Garrett
University of Pennsylvania
Van Munching Hall, Room 1330
October 25
10:30 a.m. to Noon
Adi Sunderam
Harvard University
Van Munching Hall, Room 1330
November 8
10:30 a.m. to Noon
Greg Buchak
Stanford University
Van Munching Hall, Room 1330
November 22
3:30 to 5 p.m.
Amiyatosh Purnanandam
University of Michigan
Van Munching Hall, Room 1333
December 6
3:30 to 5 p.m.
Jaroslav Borovička
New York University
Van Munching Hall, Room 1333

Finance Seminar Speakers: Spring 2024

DateSpeaker
March 15Christian Opp
University of Rochester
Download paper
April 19Janet Gao
Georgetown University
Download paper
April 24David Autor
Massachusetts Institute of Technology
Download paper
April 26Kerry Back
Rice University
Download paper
May 3Olivia Kim
Harvard Business School
Download paper
May 17Philip Dybvig
Washington University in Saint Louis
Download paper

Finance Seminar Speakers: Fall 2023

DateSpeaker
September 7Stavros Panageas
UCLA
Download paper
September 15Winston Dou
University of Pennsylvania
September 29Dmitiry Muravyev
Michigan State University
Download paper
October 6Luigi Zingales
University of Chicago
Download paper
October 18Ufuk Akcigit
University of Chicago
Download paper
November 17Sheridan Titman
University of Texas, Austin
Download paper
December 8Lubos Pastor
University of Chicago
Download paper
December 15Jason Sockin
Cornell University
Download paper

Financial Databases & Software

The Robert H. Smith School of Business provides its faculty and students easy access to the world’s leading online real-time financial data and software. In partnership with the University of Maryland McKeldin Library, the Robert H. Smith School of Business provides its faculty and students with a world-class set of research financial and other business databases, and the software to access them. Thomson Reuters Reuters 3000 Xtra – 62 concurrent accesses Reuters 3000 Xtra is a high-speed, integrated information and transaction service. It gives users a commanding view of the global real-time financial arena and provides a combination of news, information and insight as well as access to the global Reuters trading community. Its integrated price discovery and trading capabilities across all asset classes mean that decisions can be made and executed from a single desktop. Reuters 3000 Xtra reflects Reuters vast experience in global financial markets; functionality is continually upgraded and content enriched. Datastream Advance Thomson Datastream Advance offers you access to the world's largest and most respected financial statistical database. It contains more than two million financial instruments, securities, and indicators for over 175 countries in 60 markets. With up to 50 years of history and over 8,000 different fields, it provides access to over one hundred million time series. Thomson Datastream Advance combines easy-to-use, pre-formatted charts and tabular reports with truly flexible charting to help reveal new insights and relationships. Bloomberg Bloomberg Professional – 6 full function terminals The BLOOMBERG PROFESSIONAL® service seamlessly integrates real-time and historical information on about 5 million bonds, equities, commodities, currencies and funds. The electronic library also comprises data on almost every publicly traded company and biographies of more than 1 million people. And because everything is provided in single source, information can be accessed, analyzed or archived with just a few keystrokes or clicks. Historical Databases and Retrieval Software Full access is available to members of the University of Maryland community and on the Maryland campus. WRDS We subscribe to the Wharton Research Data Services (WRDS), a web based data service that provides instant access to several research quality financial databases.

Research Articles

December 7, 2022
Risk Lessons from FTX
FTX postmortems have included Axios describing the cryptocurrency exchange as a “house of cards” comparable to Enron, Theranos, Bear Stearns, Lehman Brothers and Madoff Investment Securities. Plus, Moody’s writes the collapse “will radically transform the crypto ecosystem, further shaking trust and…
Read the article : Risk Lessons from FTX
November 10, 2022
How COVID-19 Showed the Cost of Doing Business Globally
Prior to the COVID-19 pandemic, multinational companies didn’t have to think twice about increasingly moving toward firm globalization. But the crisis amplified the vulnerabilities of doing business across borders. And now, new research from Maryland Smith is contextualizing the numbers to show the…
Read the article : How COVID-19 Showed the Cost of Doing Business Globally
October 27, 2022
‘Storm Clouds Over the World Economy’: Smith’s Lemma Senbet Discusses Implications for Africa
Voice of America tapped Smith’s Lemma W. Senbet to discuss the stakes for Africa at the IMF-World Bank Group Annual Meetings where policymakers and industry leaders representing about 190 countries engaged on the state of the world economy.
Read the article : ‘Storm Clouds Over the World Economy’: Smith’s Lemma Senbet Discusses Implications for Africa
October 18, 2022
Public Firms Are Not Shortsighted and Respond More to Investment Opportunities Than Do Private Firms
Many analysts of financial markets are concerned that financial markets provide managers with economically harmful incentives.
Read the article : Public Firms Are Not Shortsighted and Respond More to Investment Opportunities Than Do Private Firms
October 13, 2022
Musk’s Twitter Reversal: Smith Experts Weigh Financial, Operational Implications
Elon Musk’s offer to proceed with a $44 billion acquisition of Twitter has the two sides working to close the deal ahead of the recently extended court deadline of October 28.
Read the article : Musk’s Twitter Reversal: Smith Experts Weigh Financial, Operational Implications
September 29, 2022
A Climate Change Call to Arms for Risk Modelers
Hurricane Ian is now a tropical storm, but estimates for the storm’s Florida landfall included a million-plus homes at risk for damage, with overall damages and losses expected to top $67 billion, according to Bloomberg.
Read the article : A Climate Change Call to Arms for Risk Modelers
September 22, 2022
Gas Prices Are Going Down, While Food Prices Soar, Why?
We’re getting some relief at the gas pump, but having to dig deeper in our pockets to pay for groceries. The price of eggs is up about 40 percent since this time last year. We’re paying 20 percent more for milk, bread and a staple in many Americans’ diet - chicken.
Read the article : Gas Prices Are Going Down, While Food Prices Soar, Why?
September 15, 2022
The Venture Capital Landscape Is Changing, and Perhaps Not for the Better
Startup companies have traditionally looked for the most experienced venture capitalists they could find to get their businesses off the ground and support their growth. That’s not always the case anymore, according to a study by Smith's Rich Mathews and co-author Naveen Khanna.
Read the article : The Venture Capital Landscape Is Changing, and Perhaps Not for the Better
September 1, 2022
Student Loan Forgiveness: What Borrowers Need to Know to Initiate Action
Last week’s student loan forgiveness announcement by the Biden Administration leads to the question: How do borrowers initiate action? The White House has indicated that application is likely to open in early October. But what about the meantime? Borrowers can prepare for the process, says Smith’s…
Read the article : Student Loan Forgiveness: What Borrowers Need to Know to Initiate Action
September 1, 2022
Two Separate Takes on Student Loan Forgiveness
Economic arguments for and against student loan forgiveness have streamed through the media since President Biden last week announced a three-part plan to cancel student debt for low- to middle-income borrowers. In responses to Brain Trust, Smith experts Michael Faulkender and David Kass give…
Read the article : Two Separate Takes on Student Loan Forgiveness
Back to Top