Assistant Professor of Finance

Professor Murfin's research interests include banking, financial intermediation and financial contracting. His current work is focused on how the allocation of control rights in loan contracts varies based on lenders' recent experience. Prior to Yale SOM, he worked for Barclays Capital in New York, Miami and Bogotá, Colombia, as well as the Federal Reserve Bank of Dallas.

Achievements and Awards
SAC Capital Award for Outstanding PhD Student Research, 2010
FDIC Center for Financial Research Fellow, 2009

Selected Articles
"The Supply-Side Determinants of Loan Contract Strictness," Lead Article, Journal of Finance, October 2012.

Working Papers
"The Implicit Costs of Trade Credit Borrowing by Large Firms"

"Loans on Sale: Credit Market Seasonality, Borrower Need, and Lender Rent Seeking"

Education
PhD Duke University, 2010
MA Southern Methodist University, 2005
AB Princeton University, 1998

Related Links

Justin Murfin's website