Faculty Directors

The following members of the Chicago Booth faculty serve on the Executive Board of the Initiative on Global Markets (IGM).

The composition of the executive board reflects that a comprehensive approach to these issues must combine research done by accountants, micro, macro and financial economists.

Executive Director

Brian Barry, clinical professor of economics, recently joined the Chicago Booth faculty from the Economist. He is lead author of the IGM reports. His research interests include popular attitudes towards big business, wealth creation, and international trade and investment; and whether those attitudes foster policies that make it easier or harder for countries to thrive in a modern global economy. He is also creating a new MBA course on Asia - which he will teach in the spring of 2008 - to help future managers and investors make sense of economic trends and political risks in the region.

Co-Directors and Members of Executive Board

Anil Kashyap, Edward Eagle Brown Professor of Economics and Finance, currently works as a consultant for the Federal Reserve Bank of Chicago as well as a research associate for the National Bureau of Economic Research. He is currently researching books on Chinese bank reform and the predictably of monetary policy.” Kashyap is co-coordinator for the National Bureau of Economic Research Working Group on the Japanese Economy and is a member of the Bellagio Group of academics and senior economic officials.

Christian Leuz, Joseph Sondheimer Professor of Economics, Finance, and Accounting, is a Research Associate at the European Corporate Governance Institute and at the National Bureau of Economic Research, a fellow at Wharton's Financial Institution Center and a member of the Shadow Financial Regulatory Committee. His research examines the role of corporate disclosures, accounting transparency and disclosure regulation in capital markets, corporate governance and corporate financing. He has received several grants and honors, including a Journal of Financial Economics All Star Paper Award and the Geewax Terker Prize. Leuz is an associate editor for the Journal of Accounting and Economics and serves on the editorial board of the Journal of Accounting Research, the Journal of Business, Finance and Accounting, and the International Journal of Accounting.

Executive Board (along with above)

Matthew Gentzkow, professor of economics, studies empirical industrial organization, with a specific focus on media industries. "Media has always been a great interest of mine. I think it's an area that has been understudied by economists and is just beginning to grow into an active area of research," he explains. His work has been published in the Journal of Political Economy, the Quarterly Journal of Economics, and the American Economic Review. He also has written a chapter in Corruption and Reform: Lessons from America's History, which was published by the National Bureau of Economic Research in 2006. His research has been covered in major national media, including the New York Times, the Wall Street Journal, the Financial Times, Forbes, the Chicago Tribune, and Slate. Gentzkow has been awarded a National Science Foundation grant for research on media bias, and recently received a Faculty Excellence Award for teaching. He hopes his students learn to "ask more questions, think critically, and to realize that many arguments that sound good aren't."

Toby Moskowitz Tobias Moskowitz, Fama Family Professor of Finance and Neubauer Family Faculty Fellow, received the 2007 Fischer Black Prize from the American Finance Association and won the 2006 Brattle Prize for a distinguished paper published in the Journal of Finance entitled "Testing Agency Theory with Entrepreneur Effort and Wealth." He also won the 2004 and 2005 Barclays Global Investors Michael Brennan Award for his papers entitled, “Informal Financial Networks: Theory and Evidence” and "Confronting Information Asymmetries: Evidence from Real Estate Markets." Moskowitz serves as a research associate for the National Bureau of Economic Research and is a current editor of the Review of Financial Studies.

Luigi Zingales, Robert C. McCormack Professor of Entrepreneurship and Finance, has won the 2003 Bernacer Prize for the best European young financial economist, the 2002 Nasdaq award for best paper in capital formation, and a National Science Foundation grant in economics. His research interests include on the theory of the firm, the relation between organization and financing, and the going-public decision. Zingales is currently a faculty research fellow for the National Bureau of Economic Research, a research fellow for the Center for Economic and Policy Research and a fellow of the European Corporate Governance Institute. He is the co-author of Saving Capitalism from Capitalists (with Raghuram G. Rajan).