Gonzalo Maturana

Biography

Gonzalo Maturana joined the Goizueta Business School in 2015 after completing his PhD in Finance at The University of Texas at Austin McCombs School of Business.

Professor Maturana’s primary research focuses are in corporate finance, household finance, real estate finance, and conflicts of interest. His research has been published in leading academic journals such as the Journal of Financial Economics, Review of Financial Studies, Proceedings of the National Academy of Sciences (PNAS), and Management Science. His research has also appeared in nonacademic outlets such as Bloomberg, MarketWatch, and the CFA digest. Among his awards are the Michael J. Brennan Award for best paper in the Review of Financial Studies in 2017 and the Rising Scholar Award for best paper by a young researcher in the Review of Financial Studies in 2020.

Prior to joining the faculty at Goizueta, Professor Maturana held positions at the University of Chile and IM Trust, a Chilean investment bank. At Goizueta, he has taught Corporate Finance (FIN 220/320) to undergraduate students, Banking and Financial Services (FIN 426/626) to undergraduate and MBA students, and Applied Corporate Finance (FIN 726A) to PhD students.

Areas Of Expertise

• Corporate Finance
• Household Finance
• Securitization
• Real Estate
• Conflicts of Interest

Education

• The University of Texas at Austin - McCombs School of Business: Ph.D., Finance
• University of Chile - Center for Applied Economics: M.A., Applied Economics
• University of Chile - School of Engineering: B.S., Engineering

Publications

• What Drove the 2003–2006 House Price Boom and Subsequent Collapse? Disentangling Competing Explanations (with John Griffin and Samuel Kruger)
  Journal of Financial Economics, 141(3), 1007-1035, 2021

• Collateral Misreporting in the Residential Mortgage-Backed Security Market (with Samuel Kruger)
  Management Science, 67(5), 2729-2750, 2021

• Real Effects of Workers' Financial Distress: Evidence from Teacher Spillovers (with Jordan Nickerson)
  Journal of Financial Economics, 136(1), 137-151, 2020

• Do Labor Markets Discipline? Evidence from RMBS Bankers (with John Griffin and Samuel Kruger)
  Journal of Financial Economics, 133(3), 726-750, 2019

• Teachers Teaching Teachers: The Role of Workplace Peer Effects on Financial Decisions (with Jordan Nickerson)
  Review of Financial Studies, 32(10), 3920-3957, 2019

• Personal Infidelity and Professional Conduct in 4 Settings (with John Griffin and Samuel Kruger)
  Proceedings of the National Academy of Sciences (PNAS), 116(33), 16268-16273, 2019

• When are Modifications of Securitized Loans Beneficial to Investors?
  Review of Financial Studies, 30(11), 3824-3857, 2017

• Did Dubious Mortgage Origination Practices Distort House Prices? (with John Griffin)
  Review of Financial Studies, 29(7), 1671-1708, 2016

• Who Facilitated Misreporting in Securitized Loans? (with John Griffin)
  Review of Financial Studies, 29(2), 384-419, 2016