Matthew Ringgenberg
Professor; David Eccles Faculty Fellow
Department of Finance
Faculty, Tenure Track
Prior to joining the University of Utah, he was an Assistant Professor of Finance at Washington University in St. Louis and before his academic career, he worked as a consultant for Charles River Associates in Chicago. He earned a bachelor’s degree in Finance and Economics from the University of Wisconsin in 2003, a M.S. in Economics from the University of North Carolina in 2009, and a Ph.D. in Finance from the University of North Carolina in 2011.
PhD 2011, Finance, University of North Carolina
MS 2009, Economics, University of North Carolina
BBA 2003, Finance and Economics, University of Wisconsin
Financial markets are used throughout the world to allocate capital to productive uses. As a result, financial markets have a significant impact on economic activity and the well-being of individuals. My research examines the role of a key group of participants in financial markets who account for nearly 70% of all investment in U.S. public companies: institutional investors. Specifically, my research examines how the actions of short-sellers, hedge funds, mutual funds, and exchange traded funds interact with various market frictions to affect real economic activity and the formation of asset prices.
with Joseph Engelberg and Adam Reed
[Journal of Financial Economics 105(2), August 2012]
2) A Multiple Lender Approach to Understanding Supply and Search in the Equity Lending Market
with Adam Kolasinski and Adam Reed
[Journal of Finance 68(2), April 2013]
3) Short Interest and Aggregate Stock Returns
with David Rapach and Guofu Zhou
[Journal of Financial Economics 121(1), July 2016]
4) Short Selling Risk
with Joseph Engelberg and Adam Reed
[Journal of Finance 73(2), April 2018]
5) The Economic Impact of Index Investing
with Jonathan Brogaard and David Sovich
[Review of Financial Studies 32(9), September 2019]
6) ETF Arbitrage, Non-Fundamental Demand, and Return Predictability
with David Brown and Shaun Davies
[Review of Finance 25(4), July 2021 – Lead Article]
Runner-up for the Spängler/IQAM award for the best Investments Paper in the Review of Finance
7) Do Index Funds Monitor?
with Davidson Heath and Daniele Macciocchi and Roni Michaely
[Review of Financial Studies, January 2022]
8) On Index Investing
with Jeff Coles and Davidson Heath
[Journal of Financial Economics, September 2022 – Lead Article]
9) Do Cross-Sectional Predictors Contain Systematic Information?
with Joseph Engelberg, David McLean, and Jeffrey Pontiff
[Journal of Financial and Quantitative Analysis, May 2023]
10) Reusing Natural Experiments
with Davidson Heath and Mehrdad Samadi, and Ingrid Werner
[Journal of Finance, August 2023]
Winner of 2023 Brattle Group Distinguished Paper Prize at the Journal of Finance
11) The Information in Asset Fire Sales
with Sheng Huang and Zhe Zhang
[Management Science, September 2023]
12) The Demise of the NYSE and NASDAQ: Market Quality in the Age of Market Fragmentation
with Peter Haslag
[Journal of Financial and Quantitative Analysis, November 2023 – Lead Article]
13) Does Socially Responsible Investing Change Firm Behavior?
with Davidson Heath and Daniele Macciocchi and Roni Michaely
[Review of Finance, November 2023]
14) Does Floor Trading Matter?
with Jonathan Brogaard and Dominik Roesch
[Journal of Finance, Forthcoming 2024]
15) Zombie Stocks
with Young Jae Choi, Joseph Engelberg , Frank Partnoy, and Adam Reed
[Harvard Business Law Review, Forthcoming 2024]
16) Anomaly Time
with Boone Bowles, Adam Reed, and Jake Thornock
[Journal of Finance, Forthcoming 2024]
