Richard Stanton

Table of Contents


Professor of Finance and Real Estate
Kenneth T. Rosen Chancellor's Chair in Real Estate

Haas School of Business
U.C. Berkeley
545 Student Services Bldg #1900
Berkeley, CA 94720-1900

tel. (510) 642-7382
fax (510) 643-1412



My main research interests are mortgage and lease markets, term structure modeling, mutual funds and risk management, and employee stock options (ESOs).

Selected Publications

Working Papers


Recent Awards

  • Earl F. Cheit Outstanding Teaching Award.
    • 2007: Undergraduate core finance
    • 2013: MFE fixed income
  • Best Paper award, 2019 Wine Country Finance Conference: “Consumer-Lending Discrimination in the FinTech Era.”
  • Winner of 2017-18 Financial Management best paper award: “CMBS Subordination, Ratings Inflation, and Regulatory-Capital Arbitrage.”
  • Nomination for 2010 Journal of Finance Brattle best corporate-finance paper award: “Human Capital, Bankruptcy and Capital Structure.”
  • Nomination for 2007 Journal of Finance Smith-Breeden best paper award: “Managerial Ability, Compensation, and the Closed-End Fund Discount.”
  • Best Paper award, 2006 Utah Winter Finance conference: “A Liquidity-Based Model of Closed-End Funds”

Writing Finance Papers in LaTeX

  • I have recently written a document called “Writing Finance Papers in LaTeX,” which provides recommendations for — you guessed it — writing finance papers using LaTeX and related tools.
    • The document also includes LaTeX style files and BibTeX format files, along with sample paper outlines, to make your paper meet the formatting requirements of the Journal of Finance, Journal of Financial Economics, and Review of Financial Studies.
    • Download the full document or individual files.

Managing Your Research

  • I have also written a newer document, “Managing Your Research,” which discusses a broader range of tools for making your research efficient and organized. Topics covered include LaTeX, but also version control, GNU Make, embedding Python code inside your documents, etc.

Other Activities

  • Board member, Financial Management Association (2011-2016).
  • Associate Editor, Journal of Finance (2000-2012).
  • Associate Editor, Review of Financial Studies (2001-2004).
  • Editorial board, Journal of Real Estate Finance and Economics (1993-2018).
  • Director, Montgomery Street Income Securities, Inc. (2014-2016).
  • Adviser to Norwegian Ministry of Finance on investments of Norwegian Government Pension Fund Global (sovereign oil fund) (2015).
  • Co-chair, Fisher Center for Real Estate and Urban Economics (2015-).
(C) 2024 Richard Stanton