The Marshall Blume Prizes in Financial Research were established in 2011 to honor the late Marshall Blume (Center Director from 1986 – 2010) upon his retirement from the Wharton Finance Department after over 40 years of service. The Prizes are funded exclusively by the generosity of Mr. Bruce Terker, W’76, WG’78, a former student of Marshall Blume and longtime benefactor of the Center.
The Marshall Blume Prizes in Financial Research are awarded annually to the best Rodney L. White Center working papers. First prize is $10,000, and honorable mentions collectively receive $5,000.
2020 Marshall Blume Prizes
First Prize
The Financial Origins of the Rise and Fall of American Inflation
Itamar Drechsler, Alexi Savov, Philipp Schnabl
Honorable Mentions
Duration-Based Stock Valuation: Reassessing Stock Market Performance and Volatility
Jules H. van Binsbergen
Can the Covid Bailouts Save the Economy?
Tim Landvoigt, Vadim Elenev, Stijn Van Nieuwerburgh
CLO Performance
Michael R. Roberts, Michael Schwert, Larry Cordell