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Brief Biography

In general, my research focuses on the behavior of both individual investors and financial institutions, including mutual funds, investment banks, and the financial media. My ongoing research focuses on the outsourcing of portfolio management in the U.S. mutual fund industry (a practice known as subadvising) and on the costs and benefits of financial advisors. My research has been published in the Journal of Finance, Journal of Financial Economics, Journal of Marketing Research, Journal of Public Economics, Journal of Wine Economics, Quarterly Journal of Economics, and Review of Financial Studies.

I was appointed to the National Bureau of Economic Research as a Faculty Research Fellow in April 2010 and promoted to a Research Associate in September 2014. I became a TIAA-CREF Institute Fellow in June 2014. I shared the 2013 TIAA-CREF Paul A. Samuelson Award with John Chalmers for "How Do Retirees Value Life Annuities? Evidence from Public Employees" (published in Review of Financial Studies in 2012).

After receiving my Ph.D. in Economics from the Massachusetts Institute of Technology in 2002, I spent one year as a postdoctoral research fellow at the MIT Entrepreneurship Center. Prior to joining the faculty at Boston College in June 2008, I was an assistant professor of finance at the University of Oregon for five years, where I was named the Laura and Abbott Keller Distinguished Research Scholar. I was also the recipient of the Business Advisory Council Undergraduate Teaching Award (Winter 2007) and the James E. Reinmuth MBA Teaching Excellence Award from the first year class (2007-08).

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