Itay Goldstein

Joel S. Ehrenkranz Family Professor; Professor of Finance; Professor of Economics; Chairperson, Finance Department
The Wharton School

Itay Goldstein has been on the faculty of the Wharton School since 2004. He currently serves as the Chairperson of the Finance Department. Prior to that, he was the coordinator of the doctoral program in finance. He also holds a secondary appointment as a professor of economics.

He is an expert in the areas of corporate finance, financial institutions, and financial markets, focusing on financial fragility and crises and on the feedback effects between firms and financial markets. His research has been published in top academic journals, including the American Economic Review, the Journal of Finance, Journal of Financial Economics, the Review of Economic Studies, and Review of Financial Studies. His research has also been featured in the popular press in the Economist, the Wall Street Journal, Financial Times, Bloomberg, Forbes, National Public Radio, and others.

Goldstein is the Executive Editor of the Review of Financial Studies. Before that, he served there as an editor, and was also an editor of the Finance Department in Management Science and of the Journal of Financial Intermediation. He is a research associate at the National Bureau of Economic Research. He served as an academic advisor in various policy institutions, including the Federal Reserve Banks of New York, Philadelphia, and Richmond, the Bank of Canada, the Bank for International Settlements, and the Committee for Capital Markets Regulation. He was the co-founder and the first president of the Finance Theory Group and served as a director of the American Finance Association, the Western Finance Association, and the Financial Intermediation Research Society.

He is a frequent speaker in academic and policy forums around the world, and acted as keynote speaker in leading academic conferences. He has taught various undergraduate, MBA, PhD, and executive education courses in finance and economics. Prior to joining Wharton, Goldstein served on the faculty of Duke University’s Fuqua School of Business. He also worked in the research department of the Bank of Israel.

Goldstein earned his doctorate in economics from Tel Aviv University.