Howard Butcher III Professor of Finance, Chairperson, Finance Department, The Wharton School
Macroeconomics and financial markets, quantitative corporate finance, corporate investment and financing
An expert in macroeconomics and financial markets, Joao Gomes’ recent research covers the determinants of corporate investment and financing decisions of firms, with particular interest in the links to movements in financial markets. He has also examined the role of financial leverage in determining the cost of capital, the causes of performance variation across asset classes, and the quantitative importance of financial market imperfections on corporate decisions and economic cycles.
Joao’s research has been presented and discussed at major academic conferences and seminars around the world. He has won several awards, including the Smith Breeden Prize for Best Asset Pricing Paper published in the Journal of Finance, with a study on the links between leverage and returns. He was also nominated for the Brattle Prize for Best Corporate Finance Paper in the Journal of Finance for his earlier work on the performance of conglomerates.
His previous academic appointments include a professorship at the London Business School. Early in his career, he also served as an ad-hoc economic advisor to the Ministry of Industry of Portugal. He has a PhD from the University of Rochester.
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