Lawrence R. Glosten

Co-Director
  • S. Sloan Colt Professor of Banking & International Finance\Emeritus
    Columbia Business School
     
  • Co-Director, Program in the Law & Economics of Capital Markets
    Columbia Law School & Columbia Business School
     

Professor Glosten teaches at Columbia Business School (where his classes have included Advanced Corporate Finance and Finance Theory) and Columbia Law School (where he has taught Capital Markets Regulation, jointly listed at both the business and law schools). He is the past Chair of the business school's Finance and Economic Division (2002 - 2008) as well as of the Finance Sub-Division (1994 - 2002). Prior to joining Columbia in 1989, Professor Glosten taught at the Kellogg Graduate School of Management at Northwestern University. He has also held visiting appointments at the University of Chicago and the University of Minnesota.

Professor Glosten's scholarly work has focused on the microstructure and industrial organization of securities markets, the relationship between venture capitalists and entrepreneurs, and the evaluation of the performance of portfolio managers and asset pricing. His work on electronic exchanges in the Journal of Finance won the Smith Breeden Distinguished Paper Prize (Is the Electronic Limit Order Book Inevitable, 1994). He has served as Advisory Editor for the Journal of Financial Markets (2000 - present), Editor for the Review of Financial Studies (1996 - 1999), Associate Editor for the Journal of Finance (1991 - 1996), Associate Editor for the Review of Financial Studies (1991 - 1994), and Associate Editor for the Review of Quantitative Finance and Accounting (1990 - present).

Professor Glosten has served on the NASDAQ Economic Advisory Board (2002 - 2005) and was Visiting Research Economist at the New York Stock Exchange (1992 - 1993). He has also worked as a consultant for the New York Stock Exchange, the United States Department of Justice, and the United States Securities and Exchange Commission.

Education: A.B. (Economics), Occidental College (1973); M.S. (Managerial Economics & Decision Sciences), Northwestern University (1977); Ph.D. (Managerial Economics & Decision Sciences), Northwestern University (1980)