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
"Inconsistency of HAC Standard Errors in Event Studies with i.i.d. Errors" (with T. Fomby), Applied Financial Economics Letters, Vol. 1, No. 4, 239-242, July, 2005

Working Papers
"Small Lending Big: The Real Effects of Trade Credit Demands on Constrained Suppliers"

"The Supply-Side Determinants of Loan Contract Strictness"

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

Related Links

Justin Murfin's website