Professor
Chester Spatt (Ph. D., University of Pennsylvania 1979) is a specialist in
financial economics with broad interests in financial markets. He
is currently
engaged in several major research thrusts exploring (a) capital
gains taxation,
tax-deferred investing and asset allocation, (b) equilibrium
models of commodity
forward pricing and cross-commodity spreads and (c) studies of
market design
and market dynamics in market microstructure and also has
extensively studied
(d) fixed-income (especially mortgage) pricing and contracting. He
has served
as Executive Editor and one of the founding Editors of the Review
of Financial
Studies, President and a member of the Founding Committee of the
Society for
Financial Studies, and President of the Western Finance Association. He is
currently an associate editor of several finance journals and a member of
the Economic Advisory Board of the National Association of
Securities Dealers.
