Full-Time Faculty

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Viral Acharya, C.V. Starr Professor of Economics

Researches the regulation of banks and financial institutions, corporate finance, credit risk and valuation of corporate debt, and asset pricing with a focus on the effects of liquidity risk.

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Jeanne Calderon, Clinical Associate Professor of Business Law

Teaches courses in business law, including real estate law, and business ethics. Professor Calderon has published articles on such topics as mezzanine financing, land banking and land use. 

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Andrew Caplin, Professor of Economics at NYU’s Faculty of Arts and Sciences, NBER

Researches real estate finance and policy, including new contract design in the mortgage space (home equity, shared appreciation mortgages), and on models of mortgage valuation and default. Recent research focuses on the Federal Housing Administration and its accounting rules.

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Harry G. Chernoff, Clinical Professor of Information, Operations and Management Sciences; President of HMS properties, a NY-based real estate investment and development firm, as well as owner of properties in NYC, Las Vegas and Panama City.

Teaches Operations in Real Estate Development. Author of several cases related to real estate.

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Gary Friedland, Esq., Scholar-in-Residence

Co-teaches Real Estate Transactions and has completed extensive research on EB-5 Finance and Opportunity Zone Investments.

Arpit Gupta

Arpit Gupta joined New York University Stern School of Business as an Assistant Professor of Finance in September 2016. Professor Gupta's research interests focus on using large datasets to understand default dynamics in household finance, real estate and corporate finance. Recent papers examine the role for foreclosure contagion in mortgage markets and estimate the impact of adverse health events on foreclosures and bankruptcies. He is the recipient of the 2016 Top Finance Graduate Award at Copenhagen Business School.

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Theresa Kuchler, Associate Professor

A new member in 2013, Theresa’s research interests lie in how consumers and firms make decisions in financial and related matters, incorporating insights from behavioral economics. Her previous research included consumer’s credit card debt paydown behavior, as well as households’ joint decision to enter into foreclosure and declare bankruptcy.

Matthew Richardson
Matthew Richardson, Charles E. Simon Professor of Finance, Research Associate NBER, Sidney Homer Director of the Salomon Center for the Study of Financial Institutions.

Works on mortgage securitization, housing finance reform, the financial crisis and banking reform, asset management, and fixed income securities.

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Johannes Stroebel, David S. Loeb Professor of Finance

Professor Stroebel conducts research in climate finance, household finance, social network analysis, macroeconomics, and real estate economics. He has won numerous awards, including the AQR Asset Management Institute Young Researcher Prize and the Brattle Award for the best paper published in the Journal of Finance. He has also won an Andrew Carnegie fellowship and an Alfred P. Sloan Research Fellowship in Economics

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Ingo Walter, Professor Emeritus of Finance

Works on international trade policy, international banking, environmental economics, and economics of multinational corporate operations.

Lawrence White
Lawrence White, Robert Kavesh Professorship in Economics, Board Member of the Federal Home Loan Bank Board and Freddie Mac (1986-89).

Works on housing policy and financial regulation, taxation of owner-occupied housing, urban economics, industrial organization and anti-trust, and credit ratings agencies.

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James Vickery, Visiting Assitant Professor of Finance

Professor Vickery's research is centered primarily on the study of financial institutions, as well as financial decision-making by firms and individuals, with a focus on the management of risk. In his current research, he is studying the contract design of residential mortgages and the way that risks embedded in mortgage contracts are shared between households, lenders and financial market participants.