Antoinette Schoar

Faculty

Antoinette Schoar

About

Antoinette Schoar is the Stewart C. Myers-Horn Family Professor of Finance at the MIT Sloan School of Management.

An expert in corporate finance, entrepreneurship, and organizational economics, Schoar researches venture capital, entrepreneurial finance, corporate diversification, governance, and capital budgeting decisions in firms. She has received the Fellowship of the George Stigler Center, 1997–1999, and the ERP Doctoral Scholarship of the German Ministry of Trade, 1995–1997.

Schoar holds a diploma in economics from the University of Cologne, Germany, and a PhD in economics from the University of Chicago.

Current Research Focus: Schoar's current research focuses on the areas of consumer finance, entrepreneurial finance, and new financial technologies. Some of her ongoing projects investigate how competition in credit card markets impacts consumers, the role of mortgage markets in the economy, applications of behavioral economics to consumer finance and cryptocurrency trading. She is also the cochair of the NBER Corporate Finance group and a cofounder of ideas42, a non-profit that uses insights from behavioral economics and psychology to solve social problems.

Honors

NBER Corporate Finance program appoints Schoar as co-director

Professor Antoinette Schoar named one of the top 10 academics by aiCIO magazine

Antoinette Schoar has received the Ewing Marion Kauffman Prize Medal for Distinguished Research in Entrepreneurship

Publications

"Trading and Arbitrage in Cryptocurrency Markets."

Makarov, Igor and Antoinette Schoar. Journal of Financial Economics. Forthcoming.

"The Role of Government and Private Institutions in Credit Cycles in the U.S. Mortgage Market."

Adelino, Manuel, William B. McCartney, and Antoinette Schoar, MIT Sloan Working Paper 6148-20. Cambridge, MA: MIT Sloan School of Management, July 2020. NBER Working Paper 27499.

"The Effect of Managers on Systematic Risk."

Schoar, Antoinette, Kelvin Yeung, and Luo Zuo, MIT Sloan Working Paper 6149-20. Cambridge, MA: MIT Sloan School of Management, July 2020. Download Paper.

"Can Unemployment Insurance Spur Entrepreneurial Activity? Evidence from France."

Hombert, Johan, Antoinette Schoar, David Alexandre Sraer, and David Thesmar. Journal of Finance Vol. 75, No. 3 (2020): 1246-1285. Download Paper.

"Investing Outside the Box: Evidence from Alternative Vehicles in Private Capital."

Lerner, Josh, Antoinette Schoar, Jason Mao, Nan R. Zhang, Working Paper. 2020. NBER Working Paper 24941.

"Comment on 'Special Deals with Chinese Characteristics'."

Schoar, Antoinette. In NBER Macroeconomics Annual 2019, edited by Erik Hurst, Jonathan A. Parker, Martin Eichenbaum, 389-394. Chicago, IL: University of Chicago Press, 2020.

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