Yueran Ma is the Carhart Family Professor of Finance at the University of Chicago Booth School Business, and Co-Director of the Fama-Miller Center for Research in Finance. Her research interest is empirical studies at the intersection of finance and macroeconomics. One line of her work draws on insights from contracts and organizations to shed light on macroeconomic dynamics. She has proposed new perspectives about corporate debt contracts and how they shape macroeconomic outcomes. Her recent work analyzes production and innovation activities over the past century, and the power and limits of organizations. She has also studied the effects of monetary policy on innovation, which was presented at the Federal Reserve’s Jackson Hole Economic Policy Symposium. Another line of her work draws on insights from behavioral economics. She has studied the impact of low interest rates on financial markets, and the formation of expectations in finance and macroeconomics. Her earlier work examined questions in real estate and urban economics. Finally, she has an interest in the history of economic thought.
She received B.A. summa cum laude and Phi Beta Kappa in Applied Mathematics, and Ph.D. in Business Economics, from Harvard University. She is a recipient of the Alfred P. Sloan Fellowship, the NSF CAREER Award, the AQR Institute Young Researcher Award, the Leo Melamed Prize for Outstanding Research in Finance at Chicago Booth, among other awards.
