Anat Admati

Last updated
Anat Ruth Admati
ענת אדמתי
Born1956
Academic career
Institution Stanford Graduate School of Business
Field Financial economics
Alma mater Hebrew University of Jerusalem
Yale University
Awards Fellow of the Econometric Society
Information at IDEAS / RePEc
Website admati.people.stanford.edu

Anat Ruth Admati (born 1956) [1] is an economist and currently the George G.C. Parker Professor of Finance and Economics at Stanford Graduate School of Business. [2] In 2014, Time listed her as one of the 100 Most Influential People in the World. [3] [4]

Contents

Career and education

Admati was born in Israel. [1] [5] She obtained her BSc from Hebrew University of Jerusalem and her PhD from Yale University in operations research and management science. [2] [6] [7] After graduating with her PhD, she took a job as assistant professor at Stanford Graduate School of Business becoming full Professor in 1992. In 2015, she was a Henry Kaufmann Visiting professor of business at Stern School of Business. [8] And in 2017–2018, she was a visiting scholar at the IMF. [8] She is currently the Faculty director of the Corporations and Society Initiative at Stanford University. [9]

Research

Anat Admati interviewed on instability in the financial system and regulatory solutions, March 2017

Her research focuses on dissemination in financial markets, financial contracting, portfolio management, corporate governance and banking. Her paper "A Theory of Intraday Patterns: Volume and Price Variability", joint with Paul Pfleiderer, has been cited 4000 times according to IDEAS. [10] The paper shows how liquidity traders and informed traders influence the price of assets. It helps explain the patterns of "volume and price variability in intraday transaction data". [11]

Her research has been quoted in news media including Bloomberg, [12] NPR, [13] Forbes , [14] The New York Times , [15] The Financial Times , [16] The Guardian , [17] Time magazine, [18] CNN, [19] The Independent , [20] CNBC, [21] The Economist , [22] The Wall Street Journal , [23] and the Washington Post . [24] A recent New York Times article about professor Admati was titled "When She Talks, Banks Shudder" [25] and another article about her was titled "This Stanford Economist Has Obama's Attention — And It's Causing A Wall Street Freak-Out", [26] following the publication of her book The Bankers' New Clothes. The book was nominated by the Financial Times in their Books of the year prize. [27]

Awards and recognition

She has won an Alfred A. Sloan Research Fellowship [28] and she is a Fellow of the Econometric Society. [29] According to IDEAS, she is the 63rd most influential woman economist [30] and she is among the 1000 most cited economists. [31] In 2014, she received an honorary doctorate from the University of Zurich. [32] In 2015, she was named by Prospect on its list of 50 world thinkers. [33]

She was an advisor to the TV series Silicon Valley , and made a cameo appearance in its final episode. [34]

Selected bibliography

Related Research Articles

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References

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  12. "Admati Says Fragile System Is Inherent in Banking". Bloomberg News . September 17, 2019. Retrieved 2020-03-28.
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  34. Kubota, Taylor (December 16, 2019). "Q&A with Stanford faculty on Silicon Valley". Stanford News. Stanford University . Retrieved 5 April 2020.
  35. Admati, Anat R.; Hellwig, Martin F. (2013). The bankers' new clothes : what's wrong with banking and what to do about it. Princeton: Princeton University Press. ISBN   978-0-691-15684-2. OCLC   812122319.
  36. Admati, Anat R. (1991-10-01). "The informational role of prices: A review essay". Journal of Monetary Economics. 28 (2): 347–361. doi:10.1016/0304-3932(91)90057-U. ISSN   0304-3932.
  37. Admati, Anat R.; Pfleiderer, Paul (2000-07-01). "Forcing Firms to Talk: Financial Disclosure Regulation and Externalities". The Review of Financial Studies. 13 (3): 479–519. doi:10.1093/rfs/13.3.479. ISSN   0893-9454.
  38. Admati, Anat R.; Pfleiderer, Paul; Zechner, Josef (1994-12-01). "Large Shareholder Activism, Risk Sharing, and Financial Market Equilibrium". Journal of Political Economy. 102 (6): 1097–1130. doi:10.1086/261965. ISSN   0022-3808. S2CID   153067448.