Matthew Spiegel

Professor of Finance

Professor Matthew Spiegel

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. He is currently the vice president for the Society for Financial Studies, its advisory chair for the annual Finance Cavalcade conference and the former executive editor for its journal the Review of Financial Studies. Professor Spiegel was formerly an associate professor, with tenure, at the Haas School of Business at the University of California-Berkeley. 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

Courses

International Experience: Ireland
MGT 416
Real Estate
MGT 548
Corporate Finance & Market Microstructure
MGT 915
Security Analysis & Valuation
MGT 948
Accounting & Finance Boot Camp
MGT 844

Publications

Selected Articles

M. Spiegel and H. E. Tookes
Journal of Finance
2013
M. Spiegel and H. Zhang
Journal of Financial Economics
2013
M. Spiegel
Review of Financial Studies
2012
M. Spiegel
Review of financial studies
2011
M. Spiegel
Finance Research Letters
2008

Selected Working Papers

Achievements

Ross Best Paper award for "Patterns in Cross Market Liquidity"
2009
Vice President
Society for Financial Studies
2011 to 2014
Michael Brennan Best Paper Award for the paper "Portfolio Performance Manipulation and Manipulation-proof Performance Measures," coauthored with William Goetzmann, Jonathan Ingersoll Jr., and Ivo Welch, 2008
Review of Financial Studies
2007
Keynote speaker
Caesarea Center Conference on Private Equity
2008
Inaugural Challenge Article in Finance Research Letters: "Patterns in Cross Market Liquidity"
2008
Keynote speaker
New York City Triple Crown Conference
2007
Keynote speaker
European meeting of the Financial Management Association
2003
Director
Western Finance Association
2001
Post-Doctoral Honoree
Weimer School
2000
Citation of Excellence
ANBAR Management Intelligence
1998
Member
American Finance Association's Nominations Committee
1998
Schwabacher Fellowship
Haas Executive Committee
1995 to 1996

Editorships

Review of Financial Studies (2005-2011)
Executive Editor

Mailing Address

Professor Matthew Spiegel
Yale School of Management
P.O. Box 208200
New Haven, CT 06880-8200