Peter DeMarzo

Peter DeMarzo is the John G. McDonald Professor of Finance, Faculty Director for Stanford LEAD, and former senior associate dean at Stanford Graduate School of Business. He has published research on corporate investment and financing, asset securitization, financial contracting, and market regulation. Recent work has examined the optimal design of securities, leverage dynamics, compensation mechanisms, regulation of insider trade, bank capital regulation, and the influence of information asymmetries on corporate disclosures and investment. He is co-author of Corporate Finance and Fundamentals of Corporate Finance (Pearson 2020). He has served as president of the Western Finance Association and the American Finance Association. He is a fellow of the Econometric Society and the American Finance Association, and a research associate of the National Bureau of Economic Research.

Resolving the Banking Crisis

Following up their recent analysis of risk in the banking system, DeMarzo, Jiang, Krishnamurthy, Matvos, Piskorski and Seru argue that banks should be required...

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