Dr. Chester Spatt

Biography

Chester Spatt holds the Pamela R. Kenneth B. Dunn Professorship in Finance at Carnegie Mellon University's Tepper School of Business, a position he has held since 1979. He served as the Chief Economist at the U.S. Securities and Exchange Commission from 2004 to 2007. Spatt earned his Ph.D. in economics from the University of Pennsylvania and received his undergraduate degree from Princeton University. He is a well-known scholar in financial economics with broad interests in financial markets, including market structure, trading, mortgage valuation, contracting, taxation, asset allocation, and financial regulation. He co-authored a paper published in the Journal of Finance in 2004 concerning asset location, which won TIAA-CREF’s Paul Samuelson Award for Publication on Lifelong Financial Security. Additionally, Spatt has served as the Executive Editor for founding editors of the Review of Financial Studies and held the position of President, as well as a member of the Founding Committee of the Society for Financial Studies. He has been President of the Western Finance Association and is currently an Associate Editor for finance and real estate journals. Spatt is also a member of the Financial Economists Roundtable, a Research Associate at the National Bureau of Economic Research, and has served on several councils and committees concerning financial regulation and stability.

Research Interests