Toby Moskowitz

Infobox_Scientist
name = Toby Moskowitz


caption =
birth_date = birth date and age|1971|2|3
birth_place =
death_date =
death_place =
residence =
nationality =
field = Financial economics
work_institution = University of Chicago Graduate School of Business (1998-)
alma_mater = UCLA, Anderson School (Ph.D.)
Purdue, Krannert School (B.S. and a M.S.)
doctoral_advisor = Mark Grinblatt
doctoral_students =
known_for =
prizes = Fischer Black Prize
religion =
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Tobias Jacob "Toby" Moskowitz (born February 3, 1971) is an American financial economist and a professor at the University of Chicago Graduate School of Business (GSB). He was the winner of the 2007 American Finance Association (AFA) Fischer Black Prize, which is awarded biennially to the top finance scholar under the age of 40 in years when one is deemed deserving. [cite web |url= http://www.afajof.org/association/fischerblack.asp |title= American Finance Association, Fischer Black Prize |accessdate= 2007-09-08]

Education

:Ph.D., "Finance", June 1998, University of California, Los Angeles, Anderson School of Management.:M.S., "Management (Finance)", May 1994, Purdue University, Krannert School of Management.:B.S., "Industrial Management/Industrial Engineering", with Distinction, May 1993, Purdue University.

University of Chicago

Moskowitz has been a faculty member at the GSB since 1998. Moskowitz has published numerous award winning research papers and was promoted to full professor in 2005. He is currently the Professor of Finance and Neubauer Family Faculty Fellow at the GSB. [cite web|url=http://faculty.chicagogsb.edu/tobias.moskowitz/vita/CV.pdf|accessdate=2007-09-08|title=Tobias J. Moskowitz|publisher=University of Chicago] In 2007, he was the second winner of the Fischer Black prize. [American Finance Association announcement quote in: cite news | title = University of Chicago Graduate School of Business Professor Named Top Finance Scholar Under Age 40 by American Finance Association| url = http://www.chicagogsb.edu/newsmedia/releases/2007-01-10_moskowitz_award.aspx | publisher = Chicago Graduate School of Business | date = 2007-01-10 | accessdate = 2007-09-08] There had been no winner in 2005 after Raghuram G. Rajan won the inaugural award in 2003.cite news | title = Toby Moskowitz ('98) Receives 2007 Fischer Black Prize from American Finance Association | url = http://www.anderson.ucla.edu/x16627.xml | publisher = UCLA Anderson School of Management | accessdate = 2007-06-20]

In the words of the AFA, Moskowitz was honored for "ingenious and careful use of newly available data to address fundamental questions in finance." In Moskowitz' own words, "I try to measure things that are not easy to measure." Moskowitz was praised by the AFA as follows: "Professor Moskowitz accomplishes the difficult task of testing the theory while having access to much less information than is available to market participants." [cite web|url=http://chronicle.uchicago.edu/070510/accolades.shtml|accessdate=2007-09-09|date=2007-05-10|title=Accolades|publisher=The University of Chicago Chronicle] According to the University of Chicago press release, "Moskowitz has explored topics as diverse as momentum in stock returns, local bias in investment portfolio choice, and the social effects of bank mergers. He also looked at the return to private business ownership, the trading and financing of commercial real estate, and the political economy of financial regulation."cite web|url=http://www.chicagogsb.edu/newsmedia/releases/2007-01-10_moskowitz_award.aspx|accessdate=2007-09-09|date=2007-01-10|title=University of Chicago Graduate School of Business Professor Named Top Finance Scholar Under Age 40 by American Finance Association|publisher=The University of Chicago Graduate School of Business|author=Friedman, Allan and Barbara Backe]

Moskowitz won the 2000 Smith-Breeden Prize for "Home Bias at Home: Local Equity Preference in Domestic Portfolios" (with Joshua Coval), [cite web|url=http://www.afajof.org/journal/prizeabs.asp#20001|accessdate=2007-09-09|title=Abstracts of Smith Breeden Prize Winning Papers|publisher=American Finance Association] the best paper published in the Journal of Finance and the 2005 Brattle Prize for "Testing Agency Theory with Entrepreneur Effort and Wealth" (with Marianne P. Bitler and Annette Vissing-Jørgensen), [cite web|url=http://www.afajof.org/journal/prizeabs.asp#dist05|accessdate=2007-09-09|title=Abstracts of Brattle Prize Winning Papers|publisher=American Finance Association] the best corporate finance paper published in the Journal of Finance. He also won the 2004 and 2005 Barclays Global Investors Michael Brennan Award for the best paper published in the Review of Financial Studies. His 2004 paper, "Informal Financial Networks: Theory and Evidence" (with Mark Garmaise), placed first, and his 2005 paper, "Confronting Information Asymmetries: Evidence from Real Estate Markets" (with Garmaise), was runner-up. [cite web|url=http://www.oxfordjournals.org/our_journals/revfin/awards_michaelbrennan.html|accessdate=2007-09-09|publisher=Society for Financial Studies|title=Barclays Global Investors (BGI) Michael Brennan Award|work=Oxford Journals]

Notes

References

Moskowitz, Tobias Jacob (1998) Asset pricing and fund investment anomalies. Ph.D. dissertation, University of California, Los Angeles, United States -- California.

External links

* [http://faculty.chicagogsb.edu/tobias.moskowitz/research/ Moskowitz's Publications with links]
* [http://gsbportal.chicagogsb.edu/portal/server.pt/gateway/PTARGS_0_0_314_215_0_43/http%3B/gsbportal.chicagogsb.edu/Facultycourse/Portlet/FacultyDetail.aspx?min_year=20074&max_year=20083&person_id=356053&lastName=&firstName=&selFields=&src=FacultyList.aspx&search=False Moskowitz's Official GSB website]