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Toomas Laarits

Toomas Laarits

Joined Stern 2019

Leonard N. Stern School of Business
Kaufman Management Center
44 West Fourth Street, 9-85
New York, NY 10012

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Toomas Laarits joined NYU Stern School of Business as an Assistant Professor of Finance in July 2019. He is currently teaching Foundations of Finance in the Stern undergraduate program.

Professor Laarits research interests lie in asset pricing and financial intermediation. In recent research Professor Laarits has studied the puzzling behavior of asset markets in anticipation of Federal Open Market Committee announcements. He is also interested in the supply and demand of safe assets, and in financial history.

Professor Laarits received his PhD, MPhil and MA in Financial Economics from Yale University. He also holds an AB in Mathematics from Harvard University. Prior to graduate studies, Professor Laarits worked at the Harvard Business School as a Research Associate.

Research Interests

  • Asset Pricing
  • Financial Intermediation

Courses Taught

  • Foundations of Finance

Academic Background

Ph.D., Financial Economics, 2019
Yale University

M.Phil., Financial Economics, 2017
Yale University

M.A., Financial Economics, 2016
Yale University

A.B., Mathematics, 2010
Harvard University

Areas of Expertise


  • Federal Reserve Bank/Central bank
  • Monetary Policy


  • Bonds/Inflation Linked
  • Financial Intermediation
  • Stock Market