MAURICIO LARRAIN [email protected]

I. EDUCATION

- Ph.D. in Economics, University of California, Berkeley 2007 - 2012 - M.A. in Financial Economics, Pontificia Universidad Católica de Chile 2000 - 2002 - Commercial Engineering, major in Economics, Pontificia Universidad Católica de Chile 1997 - 2001

II. ACADEMIC POSITIONS

- Assistant Professor, School of Business Administration, Pontificia Universidad Católica de Chile 2016 - Present - Roger F. Murray Associate Professor of Finance, Columbia Business School 2016 - 2017 - Assistant Professor of Finance, Columbia Business School 2012 - 2016 - Economist, Research Department, Central Bank of Chile 2003 - 2007 - Instructor Professor, Department of Economics, Pontificia Universidad Católica de Chile 2002 - 2003

III. AREA OF SPECIALIZATION AND MAIN COURSES

- Area: Corporate Finance, International Finance - Main Courses: Firm and Financial Markets, Valuation and Corporate Finance, Corporate Finance, Empirical Corporate Finance (Columbia University).

IV. RESEARCH

1. Recent Publications - Larraín, M. & Stumpner, S. (2017). Capital account liberalization and aggregate productivity: the role of firm capital allocation. Journal of Finance 72(4), 1825-1858. (WoS) - Calomiris, C., Larraín, M., Liberti, J. & Sturgess, J. (2017). How collateral laws shape lending and sectoral activity. Journal of Financial Economics, 123(1), 163-188. (WoS) - Campello, M. & Larraín, M. (2016). Enlarging the contracting space: collateral menus, access to credit, and economic activity. Review of Financial Studies, 29(2), 349-83. (WoS)

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- Calomiris, C., Larraín, M., Liberti, J. & Sturgess, J. (2016). Which creditors' rights reforms drive financial deepening and economic development? Journal of Applied Corporate Finance, 28(4), 1-7.

2. Working Papers - Capital Inflows, Equity Issuance Activity, and Corporate Investment. R&R Journal of Financial Intermediation, 2018 (with C. Calomiris, S. Schmukler). - The Internal Labor Markets of Business Groups. 2018 (with C.l Huneeus, F. Huneeus, B. Larrain, M. Prem). - Search for Yield in Large International Corporate Bonds: Investor Behavior and Firm Responses. 2018 (with C. Calomiris, S. Schmukler, T. Williams).

V. SELECTED SCIENTIFIC PRESENTATIONS

- FGV Sao Paulo School of Economics (Sao Paulo), University Adolfo Ibañez, Finance UC Conference (Santiago), CBC/IMF/IMFER Conference on Current Policy Challenges Facing Emerging Markets (Santiago), 2019. - Telfer Annual Conference on Accounting and Finance (Ottawa), Finance UC, Conference (Santiago), Conference on Financial Stability and Banking (Sao Paulo), Latin American Workshop on Law and Economics (Santiago), Telfer Annual Conference (Ottawa), Santiago Finance Workshop (Santiago), 2018. - HEC Paris, Finance UC Conference (Santiago), University of Chile, University of Santiago Chile (USACH), FIRS Conference (Hong Kong), IMF's Jacques Polak Research Conference (Washington D.C.), Santiago Finance Workshop (Santiago), 2017. - Manchester Business School, Lancaster University, Duke University (Fuqua School of Business), Harvard Business School, Central Bank of Chile, University Diego Portales, Universitat Pompeu Fabra, ILADES / Georgetown University, Financial Intermediation Research Society (Lisbon), Boston College (Carroll School of Management), World Bank (Finance and Development Conference), JRCPPF Princeton Conference (Princeton), SFS Cavalcade (Toronto), NBER Entrepreneurship and Economic Growth (Duke), Finance UC International Conference (Santiago), 2016. - Columbia Business School, Columbia-NYU Junior Corporate Finance Meeting, NBER Law & Economics Meeting, CEPR Workshop (Said Business School, Oxford), Catolica Lisbon-Nova SBE (Lisbon), EBRD (London), Junior Faculty Roundtable UNC Chapel Hill (Kenan-Flagler Business School), DePaul University (Kellstadt Graduate School of Business), Symposium on Emerging Financial Markets (Columbia University), Financial Intermediation Research Society (Reykjavik), ITAM Finance Conference (Mexico City), IMF, Catholic University of Chile, University of Chile, University Adolfo Ibanez, University Los Andes, European Finance Association Meeting (Vienna), 2015 - Columbia Business School, Columbia-NYU Junior Corporate Finance Meeting, Labor Markets in the Aftermath of the Financial Crisis (IMF), Symposium on Emerging Financial Markets

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(Beijing), European Finance Association Meeting (Lugano), World Bank, University of Notre Dame (Mendoza College of Business), 2014 - Cornell University (Johnson Graduate School of Management), Midwest Finance Association Meeting (Chicago), London Business School Finance Symposium (London), European Finance Association Meeting (Cambridge), 2013 - Federal Reserve Bank of Boston, Brown University, Columbia Business School, Federal Reserve Board, University of Notre Dame, Princeton University, University of British Columbia (Sauder School of Business), University of Chicago (Booth School of Business), University of California, Berkeley, University of California, Riverside, Catholic University of Chile, University of Chile, Central Bank of Chile, Finance Ministry of Chile, Western Finance Association Meeting (Las Vegas), University of Chicago (Booth) Junior Finance Symposium, 2012

VI. GRANTS AND AWARDS

- FONDECYT Research Initiation Grant, CONICYT 2017 - Best Referee Award, Journal of Financial Intermediation 2016 - Chazen Institute of International Business Research Grant, Columbia GSB 2015 - TCW Best Paper Award China International Conference in Finance 2015 - Review of Financial Studies, Rising Scholar Award 2015 - TCW Best Paper Award China International Conference in Finance 2015 - Review of Financial Studies, Rising Scholar Award 2015 - USC Marshall School of Business Trefftzs Best Student Paper Award, WFA Meeting 2012 - SAC Capital Ph.D. Candidate Award for Outstanding Research, WFA Meeting 2012 - Outstanding Graduate Student Instructor Award, University of California, Berkeley 2011 - Dissertation Award Institute of Business and Economic Research, University of California, Berkeley 2010 - Chazen Institute of International Business Research Grant, Columbia GSB 2013 - USC Marshall School Trefftzs Best Student Paper Award, WFA Meeting 2012 - SAC Capital Ph.D. Candidate Award for Outstanding Research, WFA Meeting 2012 - Center for Equitable Growth Fellowship, University of California, Berkeley 2011 - Kauffman Dissertation Fellowship, Ewing Marion Kauffman Foundation 2011 - Clausen Center for International Business and Policy Grant, UC Berkeley 2011 - Conference Travel Grant, University of California, Berkeley 2011

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- Graduate Division Summer Grant, University of California, Berkeley 2011 - Outstanding Graduate Student Instructor Award, UC Berkeley 2011 - Dean's Normative Time Fellowship, University of California, Berkeley 2010 - Dissertation Award Institute of Business and Economic Research, University of California, Berkeley 2010 - Departmental Fellowship, University of California, Berkeley 2007 - Graduated first in class, M.A. in Economics, PUC 2002 - Academic Excellence Prize, M.A. in Economics, PUC 2002

VII. OTHER RELEVANT POSITIONS AND ACTIVITIES

- Commissioner, Financial Market Commission of Chile 2017 - Present - Associate Editor, Journal of Financial Intermediation 2015 - Present - Assistant Director Finance and Growth in Emerging Markets Initiative, Program of Financial Studies, Columbia Business School 2015 - Present - Member organizing committee FMA Meeting 2016; WFA Meeting 2016, EFA Meeting 2015 - 2016 - Session chair, SFS Finance Cavalcade 2015 - Visiting researcher, IMF Research Department Apr 2014 - Finance seminar organizer, Columbia Business School 2013 - 2014 - Finance seminar organizer, Columbia Business School 2015 - 2016 - Junior recruitment committee, Columbia Business School 2012 - 2013

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