BRETT GREEN

Associate Professor of Finance
Olin Business School
Washington University in St. Louis

I am an economist and an Associate Professor of Finance at the Olin Business School. My areas of expertise include  financial economics, corporate finance, and microeconomic theory. In my research, I study the behavior of strategic agents in dynamic settings with a focus on the role of information and learning on incentives, trade, prices, and efficiency. Prior to joining Olin, I was a tenured associate professor at the Haas School of Business at the University of California, Berkeley. I earned a Ph.D. in Economics from the Stanford Graduate School of Business, a M.S. in financial mathematics from Stanford University, and a bachelor's degree of science in economics and engineering from Duke University.

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CURRENT RESEARCH

A few of the projects that I'm working  on right now

(joint with Brendan Daley and Victoria Vanasco)

DESIGNING SECURITIES FOR SCRUTINY

In this paper, we investigate the effect of scrutiny on the security design problem of a privately informed issuer. We show that when scrutiny is sufficiently intense, the issuer opts for a more informationally sensitive security, and decreases her reliance on retention as a signaling device. Scrutiny increases efficiency, but leads to less informative prices.

(with Paul Gertler and Catherine Wolfram)

A new form of lending using digital collateral has recently emerged, most prominently in low and middle income countries. Digital collateral relies on ``lockout" technology, which allows the lender to temporarily disable the flow value of the collateral to the borrower without physically repossessing it. We explore the effect of this new form of credit both in a model and in a field experiment

 

CONTACT

Brett Green
Olin Business School
Washington University in St. Louis
1 Brookings Drive
St. Louis, MO 63130
b.green ``at" wustl.edu