Matthew Morey

Matthew Morey, Ph.D., is the New York Stock Exchange Research Scholar and Professor of Finance at the Lubin School of Business at Pace University. He has been at Pace since 2000.

Professor Morey received his undergraduate degree from the University of North Carolina at Chapel Hill in 1989. He received his Ph.D. in economics from the University of California, Irvine in 1993. In 1993-1994 he was a Fulbright scholar to South Asia (Bangladesh). From 1995-99 Professor Morey was an assistant professor of economics at Fordham University in the Bronx, NY. From 1999-2000, he was a visiting professor at Smith College in Northampton, MA.

In terms of research, Professor Morey’s main interests are in mutual fund economics and emerging markets. This research has been published in some the leading finance/banking journals including Journal of Empirical Finance, the Journal of Banking and Finance, the Journal of Financial and Quantitative Analysis, Journal of International Money and Finance, Journal of Investment Management and Financial Analysts Journal. Moreover, his work has been cited numerous times in the financial press including the Wall Street Journal, New York Times, Washington Post, Chicago Tribune, Financial Times, Money Magazine, National Public Radio, and CNBC and has received outside funding from organizations such as TIAA-CREF and the Investment Management Consultant Association (IMCA).

Professor Morey has received a number of awards and honors for his work in mutual funds.He received the Investment Management Consultants Association’s Journalism Award for his paper “Rating the Raters”. He has also testified before Congress on mutual fund regulation. He done consulting with Alliance Bernstein and as an expert witness in several mutual fund fraud cases.

SELECTED CONTRIBUTIONS & PUBLICATIONS

• Morey, M. (2003). Should You Carry the Load?: A Comprehensive Analysis of the Out-of-Sample Performance of Load and No-Load Mutual Funds'. Journal of Banking & Finance. 27(7), 1245-1271.
• Gottesman, A., Morey, M. (2006). Manager Education and Mutual Fund Performance. Journal of Empirical Finance. 13(2), 145-182.
• Morey, M., Gottesman, A., Baker, E., Godridge, B. (2009). Does Better Corporate Governance Result in Higher Market Valuations in Emerging Markets? Another Examination Using a New Data Set. Journal of Banking & Finance. 33(2), 254-262.
• Braga-Alves, M., Morey, M. (2012). Predicting Corporate Governance in Emerging Markets. Journal of International Money and Finance. 311414-1439.
• Morey, M. (2015). Predicting Mutual Fund Performance. In Kent Baker, Greg Filbeck, and Halil Kiymaz (Ed.), Mutual Funds and Exchange Traded funds: Building Blocks to Wealth. (pp. 349-363). Oxford: Oxford University Press.
• Morey, M. (2015). Have Leading Textbooks Incorporated Recent Events?. Journal of Financial Education. Fall(2015), 11-30.
• Gottesman, A., Morey, M. (2016). Getting What You Paid For: Using Mutual Fund Governance to Predict the Activeness of Mutual Funds. Journal of Investing. 25(1), 25-36.
• Gottesman, A., Morey, M. (2017). Active Share and Emerging Market Equity Funds. Journal of Investment Consulting. 18(1).
• Morey, M., Yadav, S. (2018). Documentation of the File Drawer Problem In Academic Finance Journals. Journal of Investing. 27(1 (Spring)), 143-147.
• Sazhin, D., Morey, M.R. (2018). How We Contradict Ourselves: The Case of John Cochrane—Gliding and Behavioral Economics. American Economist. 63(1), 31-40.
• Blake, C.R., Morey, M. (2000). Morningstar Ratings and Mutual fund Performance. Journal of Financial and Quantitative Analysis. 35(3), 451-481.
• Morey, M. (2002). Mutual Fund Age and Morningstar Ratings. Financial Analysts Journal. 58(2), 56-63.
• Morey, M., Morey, R.C. (1999). Mutual fund Performance Appraisals: A Multi-Horizon Perspective with Endogenous Benchmarking. Omega. 241-258.