Dermot Murphy
Associate Professor of Finance
University of Illinois at Chicago (UIC)
Email: murphyd@uic.edu
Phone: 312-355-4372
Fax: 312-413-7948
University Hall, Office 2114
601 South Morgan (MC 168)
Chicago, IL 60607-7121
Virtual Municipal Finance Workshop:
Latest News:
I gave a three-minute presentation on newspaper closures and municipal finance at the Chancellor's SparkTalks event at UIC. Click here to watch the presentation. (Posted: 3/2024)
The Virtual Municipal Finance Workshop is back again for the Spring 2024 semester. Click here to go to the workshop website and check out the schedule. (Posted: 2/2024)
My wife gave birth to our third child this month. Everybody is doing great! (Posted: 8/2023)
Our new paper on the effect of textual complexity in municipal bond official statements on borrowing costs is available here and will be presented at the Brookings Municipal Conference this month. (Posted: 7/2023)
The Virtual Municipal Finance Workshop is back for the Spring 2023 semester. Click here to go to the workshop website and check out the schedule. (Posted: 2/2023)
I presented my latest paper on payment for order flow at the Microstructure Exchange. Click here to watch a recording of the presentation. (Posted: 10/2022)
My new working paper with Eddy Hu ("Competition for Retail Order Flow and Market Quality") is now available. Click here to download the paper. (Posted: 6/2022)
"Good for your Fiscal Health? The Effect of the Affordable Care Act on Healthcare Borrowing Costs" is now in print at the Journal of Financial Economics. Click here to download the paper. (Posted: 6/2022)
"Non-Standard Errors" is now available on SSRN. Over 150 research teams tested six microstructure-related hypotheses using the same data set, and variation is outcomes was examined across teams. Click here to download the paper, or click here to read an interview with Bob Korajczyk (my research teammate) about the paper. (Posted: 1/2022)
The new website for our Virtual Municipal Finance Workshop is now live! Click here to see the schedule of presentations for Spring 2022. (Posted: 12/2021)
I was one of the featured experts on a report by the Medill School of Journalism at Northwestern University about the future of local journalism. Click here to access the report. (Posted: 12/2021)