Matthew Gustafson

Affiliate Researcher
Titles and Affiliations
Professor, Finance

Matthew's research examines topics in corporate finance, financial intermediation, and the economic impacts of the climate and weather. His work has been accepted for publication in leading business journals such as The Journal of Financial Economics, The Journal of Finance, The Journal of Accounting and Economics, Management Science, The Journal of Financial and Quantitative Analysis, and The Journal of Public Economics. In addition, he has presented his work at top finance and economics conferences such as, the American, Western, and European Finance Associations and the American Economic Association Annual Meetings.

In the News

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Recent Publications

Initial public offerings and the local economy: Evidence of crowding out

Cornaggia, J., Gustafson, M., Kotter, J. & Pisciotta, K., Jul 1 2024, In: Review of Finance. 28, 4, p. 1245-1273 29 p.

Research output: Contribution to journalArticlepeer-review

Sea-Level Rise Exposure and Municipal Bond Yields

Goldsmith-Pinkham, P., Gustafson, M. T., Lewis, R. C. & Schwert, M., Nov 1 2023, In: Review of Financial Studies. 36, 11, p. 4588-4635 48 p.

Research output: Contribution to journalArticlepeer-review

Higher Minimum Wages Reduce Capital Expenditures

Gustafson, M. T. & Kotter, J. D., May 2023, In: Management Science. 69, 5, p. 2933-2953 21 p.

Research output: Contribution to journalArticlepeer-review

Partisan residential sorting on climate change risk

Bernstein, A., Billings, S. B., Gustafson, M. T. & Lewis, R., Dec 2022, In: Journal of Financial Economics. 146, 3, p. 989-1015 27 p.

Research output: Contribution to journalArticlepeer-review

Weathering Cash Flow Shocks

Brown, J. R., Gustafson, M. T. & Ivanov, I. T., Aug 2021, In: Journal of Finance. 76, 4, p. 1731-1772 42 p.

Research output: Contribution to journalArticlepeer-review

Firing frictions and the U.S. mergers and acquisitions market

Chatt, R., Gustafson, M. & Welker, A., Jul 2021, In: Journal of Banking and Finance. 128, 106139.

Research output: Contribution to journalArticlepeer-review

Do the burdens to being public affect the investment and innovation of newly public firms?

Dambra, M. & Gustafson, M., Jan 2021, In: Management Science. 67, 1, p. 594-616 23 p.

Research output: Contribution to journalArticlepeer-review

What is the effect of an additional dollar of IPO proceeds?

Dambra, M., Gustafson, M. T. & Pisciotta, K., Feb 2021, In: Journal of Corporate Finance. 66, 101795.

Research output: Contribution to journalArticlepeer-review

Bank monitoring: Evidence from syndicated loans

Gustafson, M. T., Ivanov, I. T. & Meisenzahl, R. R., Feb 2021, In: Journal of Financial Economics. 139, 2, p. 452-477 26 p.

Research output: Contribution to journalArticlepeer-review

Tax-advantaged trust use among IPO executives: Determinants and implications for valuation and future performance

Dambra, M. J., Gustafson, M. & Quinn, P. J., May 2020, In: Accounting Review. 95, 3, p. 145-175 31 p.

Research output: Contribution to journalArticlepeer-review

Disaster on the horizon: The price effect of sea level rise

Bernstein, A., Gustafson, M. T. & Lewis, R., Nov 2019, In: Journal of Financial Economics. 134, 2, p. 253-272 20 p.

Research output: Contribution to journalArticlepeer-review

Index membership and small firm financing

Cao, C., Gustafson, M. & Velthuis, R., Sep 1 2019, In: Management Science. 65, 9, p. 4156-4178 23 p.

Research output: Contribution to journalArticlepeer-review

The consequences to analyst involvement in the IPO process: Evidence surrounding the JOBS Act

Dambra, M., Field, L. C., Gustafson, M. T. & Pisciotta, K., Apr 1 2018, In: Journal of Accounting and Economics. 65, 2-3, p. 302-330 29 p.

Research output: Contribution to journalArticlepeer-review

Inter-market competition and bank loan spreads: Evidence from the securities offering reform

Gustafson, M. T., Sep 2018, In: Journal of Banking and Finance. 94, p. 107-117 11 p.

Research output: Contribution to journalArticlepeer-review

Price Pressure and Overnight Seasoned Equity Offerings

Gustafson, M. T., Apr 1 2018, In: Journal of Financial and Quantitative Analysis. 53, 2, p. 837-866 30 p.

Research output: Contribution to journalArticlepeer-review