Professor Moulton teaches at the S.C. Johnson College of Business at Cornell University, where her recent course offerings include Valuation, Fixed Income Analysis, and Corporate Finance. Her research focuses on market microstructure, with a particular interest in how market makers, institutional investors, and technology affect market liquidity. Professor Moulton’s research has been published in several of the leading finance and accounting journals, including the Journal of Finance, the Journal of Financial Economics, the Journal of Accounting and Economics, and the Journal of Financial and Quantitative Analysis.
In addition to her teaching and research, Professor Moulton has served as an associate editor at the Journal of Financial Markets (2021-present), the Financial Review (2021-present), and the Journal of Banking and Finance (2018-2021). She is an Economic Advisory Committee Member at the Financial Industry Regulatory Authority (FINRA, 2023-present).
Before joining Cornell in 2010, Professor Moulton taught at the Graduate School of Business Administration at Fordham University. Prior to her academic career, she worked in fixed-income research for more than a dozen years at various Wall Street investment banks, including Deutsche Bank, where she was a managing director and global co-head of relative value research. From 2003 to 2006, she was a managing director and senior economist at the New York Stock Exchange, where she focused on equity market microstructure research. Professor Moulton is a Chartered Financial Analyst (CFA).
Education
- Ph.D. (Finance), Graduate School of Business, Columbia University (2003)
- B.S. (Economics), Wharton School, University of Pennsylvania (1985)