Gonzalo Maturana

Associate Professor of Finance | Emory University, Goizueta Business School

Gonzalo Maturana, Associate Professor of Finance at Emory University Goizueta Business School

Research interests Corporate finance, household finance, real estate finance, conflicts of interest
Google Scholar Emory Faculty Profile

Research

Publications

  1. 15. Who Prices Credit Rating Inflation?

    (with Christoph Herpfer)
    Journal of Financial and Quantitative Analysis, Forthcoming

    Internet Appendices A & B | Internet Appendix C | Working Paper

  2. 14. Labor Market Effects of Deleting Delinquencies

    (with Jordan Nickerson and Santiago Truffa)
    Economics Letters, Forthcoming

    Internet Appendix | Working Paper | Replication Kit

  3. 13. Dealer Financing in the Subprime Auto Market: Markups and Implicit Subsidies

    (with Mark Jansen and Samuel Kruger)
    Management Science, 71(12), 10692​-10706, 2025

    Internet Appendix | Replication Code

  4. 12. Do Property Rehabs Affect Neighboring Property Prices?

    (with Rohan Ganduri)
    Journal of Urban Economics, 143, 103694, 2024

    Internet Appendix | Working Paper | Replication Code
    Featured in NCST publications

  5. 11. How Has COVID-19 Impacted Research Production in Economics and Finance?

    (with Samuel Kruger and Jordan Nickerson)
    Review of Financial Studies, 36(8), 3348–3381, 2023

    Internet Appendix | Replication Kit

  6. 10. Agglomeration, Knowledge Spillovers, and Corporate Investment

    (with William Grieser, Ioannis Spyridopoulos, and Santiago Truffa)
    Journal of Corporate Finance, 77, 102289, 2022

    Internet Appendix | Working Paper

  7. 9. 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

    Internet Appendix | Replication Kit

  8. 8. Collateral Misreporting in the Residential Mortgage-Backed Security Market

    (with Samuel Kruger)
    Management Science, 67(5), 2729-2750, 2021

    Internet Appendices A & B | Internet Appendix C

  9. 7. Real Effects of Workers' Financial Distress: Evidence from Teacher Spillovers

    (with Jordan Nickerson)
    Journal of Financial Economics, 136(1), 137-151, 2020

    Internet Appendix

  10. 6. Do Labor Markets Discipline? Evidence from RMBS Bankers

    (with John Griffin and Samuel Kruger)
    Journal of Financial Economics, 133(3), 726-750, 2019

    Internet Appendices A & B | Internet Appendix C
    Featured in Bloomberg, VICE, Vocativ

  11. 5. Teachers Teaching Teachers: The Role of Workplace Peer Effects on Financial Decisions

    (with Jordan Nickerson)
    Review of Financial Studies, 32(10), 3920-3957, 2019

    Internet Appendix | Working Paper
    Winner of the RFS Rising Scholar Award, 2020
    Best Paper Award at the Red Rock Finance Conference, 2016

  12. 4. 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

    Internet Appendix
    Featured in Bloomberg, ScienceDaily | Additional Coverage
    Working Paper circulated as: “Do Personal Ethics Influence Corporate Ethics?”

  13. 3. When are Modifications of Securitized Loans Beneficial to Investors?

    Review of Financial Studies, 30(11), 3824-3857, 2017

    Internet Appendix | Working Paper
    WFA Cubist Systematic Strategies PhD Candidate Award for Outstanding Research, 2015

  14. 2. Did Dubious Mortgage Origination Practices Distort House Prices?

    (with John Griffin)
    Review of Financial Studies, 29(7), 1671-1708, 2016

    Internet Appendix | Working Paper

  15. 1. Who Facilitated Misreporting in Securitized Loans?

    (with John Griffin)
    Review of Financial Studies, 29(2), 384-419, 2016

    Internet Appendix
    Winner of the RFS Michael J. Brennan Best Paper Award, 2017
    Best Paper Award at the OSU Finance Alumni Conference, 2014
    Featured in the CFA Digest

Working Papers

  1. 3. Intrinsic Motivation, Human Capital, and Productivity: Evidence from Government Shutdowns

    (2025, with Christoph Herpfer and Andrew Teodorescu)

    Featured in The Conversation US, The Wall Street Journal

  2. 2. Corporate Behavior When Running the Firm for Stakeholders: Evidence from Hospitals

    (2024, with Christoph Herpfer and Jianzhang Lin)

    Revise and Resubmit at the Journal of Financial Economics

  3. 1. Borrowers in the Shadows: The Promise and Pitfalls of Alternative Credit Data

    (2025, with Mark Jansen, Samuel Kruger, and Amin Shams)

Contact information

Email gonzalo.maturana@emory.edu
Office address

Emory University
Goizueta Business School
1300 Clifton Road
Atlanta, GA 30322