Assistant Professor of Finance, Yale School of Management
NBER Faculty Reserach Fellow
Research: Asset Pricing, Financial Intermediaries, Liquidity
PhD Northwestern University, 2013
BA University of California, Berkeley, 2008
Professor Muir’s main research interests are at the intersection of asset pricing, financial intermediaries, and financial crises. His research has focused on how the health of the financial sector can affect asset prices. His most recent work examines the behavior of asset prices during financial crises using historical data over 150 years and 14 countries, and documents substantial declines in stock and bond prices even relative to fundamentals. Other work finds that an intermediary-based asset pricing model can help explain returns across assets that were previously considered anomalies. His research has been recognized with the 2015 Amundi Smith Breeden Distinguished Paper Prize in the Journal of Finance. Dr. Muir received his PhD in Finance from the Kellogg School of Management and his BA in Mathematics from UC Berkeley.