Chester S. Spatt


  • Received the TIAA Paul A. Samuelson Award for "Optimal Asset Location and Allocation with Taxable and Tax-Deferred Investing " (with Bob Dammon and Harold Zhang, The Journal of Finance, June 2004).
  • Co-founder of the Society for Financial Studies and its past president. Also past president of the Western Finance Association.
  • Second executive editor of The Review of Financial Studies.

Chester Spatt is the Pamela R. and Kenneth B. Dunn Professor of Finance at the Tepper School of Business at Carnegie Mellon University, where he has taught since 1979. He has served as chief economist of the U.S. Securities and Exchange Commission (2004-2007) and director of its Office of Economic Analysis. He also has served on several federal advisory committees

Spatt focuses on financial economics with a broad interest in financial markets. His research has examined market structure and trading, financial regulation, pricing and valuation, and the impact of information in the marketplace. He earned his A.B. from Princeton University and Ph.D. from the University of Pennsylvania, both in economics.