Stanford Graduate School of Business
Member, Consortium on Financial Systems and Poverty (2010–present)
Research Associate, National Bureau of Economic Research (1982–present)
Executive Committee, American Finance Association (2012–2016)
President, Society for Financial Studies (2011–2012)
Vice-President, Society for Financial Studies (2008–2011)
Board of Directors, American Finance Association (1994–1997, 2004–2007)
Advisory Board, Graduate School of Industrial Administration, Carnegie Mellon University (1992-1996, Co-chair, 1999, 2005)
President, Western Finance Association (1993–1994)
Vice-President, Western Finance Association (1990–1993)
Editorial Board, American Economic Review (1987–1990)
Economics Panel, National Science Foundation (1986–1988)