Itay Goldstein Faculty Profile

Itay Goldstein
Associate Professor of Finance

PhD, Tel-Aviv University, 2001; MA, Tel-Aviv University, 1998; BA, Tel-Aviv University, 1994

Research Areas
Corporate finance; financial markets; financial institutions

Current Projects
Financial fragility and crises; the feedback effect from financial markets to the real economy.

Academic Positions Held
Wharton: 2004-present. Previous appointment: Duke University

Representative Publications
(with A. Guembel)
“Manipulation and the Allocational Role of Prices.” Review of Economic Studies 75 (2008).

(with Q. Chen and W. Jiang)
“Price Informativeness and Investment Sensitivity to Stock Price.” Review of Financial Studies 20 (2007).

(with A. Pauzner)
“Demand Deposit Contracts and the Probability of Bank Runs.” Journal of Finance 60 (2005).

(with A. Pauzner)
“Contagion of Self-Fulfilling Financial Crises due to diversification of investment portfolios.” Journal of Economic Theory 119 (2004).