HOW DID YOUR EXPERIENCE AT CHICAGO BOOTH
HELP YOU SECURE YOUR POSITION AT MIT?
Chicago has a lot to do with my success at least in a couple
of ways. I think they did support me to the fullest extent in
the job market by providing recommendations to the other
schools. I was very well prepared to deal with the questions
that the other faculty groups gave me during my workshop
presentations. Sometimes there were questions that made
me think a little bit, but there was no single question that
completely caught me off guard. Interacting with all the
people around here and having conversations about what
are the weaknesses and strengths of my dissertation paper
made me think all those things through so there wasn’t any
case in which I felt surprised by a question. I felt that was
really important in the way things turned out to be in the
WHAT ROLE DID YOUR CLASSMATES PLAY?
Not only the faculty but also the classmates have certainly
helped me with these ongoing conversations of what are
the problems and what can we do to improve the paper.
My classmates are going to be top researchers in a few
years’ time. They have pushed me to become better, and
hopefully I also pushed them to become better. They’re
WHAT ARE YOU RESEARCHING NOW?
I’m studying a subject which is almost on the boundary of
accounting, finance, and economics. I try to understand
the role of disclosure regulation in the banking industry.
If banks are more transparent in terms of their financial
statements and their asset portfolio, does the banking
system become more stable, does it develop faster? These
are the types of questions I have. The idea here is that if
banks are more transparent then depositors and other stake
holders will be able to look at the banks’ accounts and will
be able to monitor whether they are taking excessive risks
or not. If they are, they can basically take actions to prevent
the excessive risk-taking or they can even vote with their
feet and just leave the bank. So that should create some
mechanism through which banks are penalized by taking
these risky positions, thereby attenuating this problem and
actually making banks more stable.
JOÃO GRANJA, PhD ’13
ACCOUNT I NG
Chicago BOoth P