Overview
Paymon Khorrami is an Assistant Professor in the Finance area. Previously, Paymon was an Assistant Professor of Finance at Imperial College Business School. He received his PhD in Financial Economics from University of Chicago. Paymon’s research primarily focuses on asset pricing and macroeconomics in the presence of financial “frictions.” His other research interests include banking, behavioral finance, and household and firm inequalities. Paymon teaches courses on Derivatives and Risk Management.
Current Appointments & Affiliations
Assistant Professor of Business Administration
·
2022 - Present
Fuqua School of Business
Recent Publications
Segmentation and beliefs: A theory of self-fulfilling idiosyncratic risk
Journal Article Journal of Economic Theory · January 1, 2025 We study a multi-location general equilibrium model with financial market segmentation that permits self-fulfilling fluctuations. In a precise sense, such fluctuations are most often redistributive, but their volatility varies systematically with an aggreg ... Full text CiteComparative Valuation Dynamics in Production Economies: Long-Run Uncertainty, Heterogeneity, and Market Frictions
Journal Article Annual Review of Financial Economics · November 1, 2024 We compare and contrast production economies exposed to long-run uncertainty with investors that have possibly different preferences and/or access to financial markets. We study the macroeconomic and asset-pricing properties of these models, identify commo ... Full text CiteCommonality in Credit Spread Changes: Dealer Inventory and Intermediary Distress
Journal Article · November 2019 CiteEducation, Training & Certifications
The University of Chicago ·
2019
Ph.D.
The University of Chicago ·
2009
B.A.