The Marshall Blume Prizes in Financial Research

Marshall Blume, Howard Butcher III Professor Emeritus of Financial Management; Professor Emeritus of Finance
The late Marshall Blume, Howard Butcher III Professor Emeritus of Financial Management; Professor Emeritus of Finance

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.

2019 Marshall Blume Prizes

First Prize
Leverage Risk and investment:  The Case of Gold Clauses in the 1930s
Joao Gomes, Mete Kilic and Sebastien Plante

Honorable Mentions
Capital Controls and Risk Misallocation: Evidence from a Natural Experiment
Lorena Keller

A Retrieved-context Theory of Financial Decisions
Jessica A. Wachter and Michael Jacob Kahanna