Kerry Y. Siani

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Kerry Y. Siani

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Kerry Siani is the Jon D. Gruber Career Development Assistant Professor in Finance and an Assistant Professor of Finance at the MIT Sloan School of Management.

Siani studies how companies and public institutions make investment and financing decisions, and how these choices shape the broader economy. She also examines how monetary policy influences investment and financing, both during crises and in normal times.

Siani holds a BA, MBA, and MPA-ID from Harvard University, and a PhD in finance from Columbia University. 

Honors

Siani and co-author win 2026 Best Empirical Finance Paper

July 9, 2026

Siani wins 2026 North America Best Paper Award

June 9, 2026

Siani and Noe win Jamieson Prize

May 4, 2026

Mota and Siani win best paper award

June 17, 2025

Siani wins Outstanding Teacher Award

Publications

"Nonbank Fragility in Credit Markets: Evidence from a Two-Layer Asset Demand System."

Darmouni, Olivier, Kerry Y. Siani, and Kairong Xiao. Journal of Finance. Forthcoming. SSRN Preprint.

"Raising Bond Capital in Segmented Markets."

Siani, Kerry Y. The Review of Financial Studies. Forthcoming.

"Monetary Policy and Investment Plans."

Selgrad, Julia and Kerry Y. Siani, Working Paper. October 2026.

"The Risk and Return Tradeoff of Capital Structure."

Mota, Lira and Kerry Y. Siani, Working Paper. August 2026.

"Long and Variable Lags via State Fiscal Policy."

Siani, Kerry Y. and Jinyuan Zhang, Working Paper. October 2025.

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Recent Insights

Ideas Made to Matter

To withstand credit market shocks, diversify your company’s bonds

Having access to a wider variety of institutional investors allows companies to better maintain access to capital, research shows.

Read Article