Matthew Spiegel

Program Fellow

Matthew Spiegel's research ranges widely with publications in the areas of market microstructure, asset pricing, real estate, corporate finance, and experimental economics. His theoretical work has helped to explain stock market volatility, what factors lead to market breakdowns and how mergers within an industry impact the new firm’s competitors over time. His empirical work has included the development of statistical methods that can estimate the impact of local characteristics on housing returns and for identifying when and if a particular mutual fund will generate above market returns. These articles have won the ANBAR Management Intelligence Citation of Excellence, the Michael Brennan Best Paper Award and the Ross Best Paper Award.  In 2015 his overall body of work was recognized with Eastern Finance Association’s Distinguished Scholar Award.  
 
Matthew Spiegel is  the former president and prior to that vice president of  the Society for Financial Studies. He was the Society's advisory chair for its annual Finance Cavalcade conference from 2011 to 2017 and is the advisory chair for the first Asia-Pacific Finance Cavalcade conference in 2017. He was the executive editor of the Review of Financial Studies from 2005 to 2011. Prior to joining Yale University Professor Spiegel held academic posts at the Haas School of Business at the University of California-Berkeley and before that Columbia University. He is a former co-editor and founder of the Journal of Financial Markets, a former associate editor of the Review of Financial Studies, and a past member of the Nasdaq Economic Advisory Board.

Education

PhD, Princeton University, 1987
BA, University of California, Berkeley, 1982