College of Business: University of Illinois at Urbana-Champaign

Investors in Business Education Professor of Finance

Ph.D., Economics, Massachusetts Institute of Technology, 1984
B.S., Applied Mathematics-Economics, Brown University, 1977

Investors in Business Education Professor of Finance, University of Illinois, 2010-2012
Visiting Professor, Bocconi University, 1995-1996, 2009-2011
Associate Professor of Finance, University of Illinois, 1990-1997
Olympus Fund Assistant Professor of Finance, University of Pennsylvania, 1984-1990

Pennacchi, G., Park, K., Han, J. Forthcoming. Corporate Taxes and Securitization. Journal of Finance

Haubrich, J., Pennacchi, G., Ritchken, P. 2012. Inflation Expectations, Real Rates, and Risk Premia: Evidence from Inflation Swaps. Review of Financial Studies, 25: 1588-1629

Pennacchi, G. 2012. Narrow Banking. Annual Review of Financial Economics, 4: 141-159

Pennacchi, G., Gledson de Carvalho, A. 2012. Can a Stock Exchange Improve Corporate Behavior? Evidence from Firms' Migration to Premium Listings in Brazil. Journal of Corporate Finance, 18: 883-903

Pennacchi, G., Rastad, M. 2011. Portfolio Allocation for Public Pension Funds. Journal of Pension Economics and Finance

Managing Editor, Journal of Financial Intermediation, 2009-2012
Associate Editor, Journal of Financial and Quantitative Analysis, 2006-2012
Associate Editor, Journal of Financial Services Research, 1999-2012
Associate Editor, Journal of Money, Credit, and Banking, 1993-2012

Teaches courses in financial institutions and markets; and security pricing.

Research interests include financial institutions, derivative securities, and bond markets.