Daniel Greenwald

Biography

Daniel Greenwald joined NYU Stern as an Assistant Professor of Finance in September 2022.

Greenwald's research centers on the connections between financial markets and the macroeconomy, with a particular focus on credit markets. In recent work, he has studied how institutional features of markets for household mortgages and corporate debt amplify the effects of interest rate movements on the economy, help to explain the 2000s boom and bust in house prices, and have influenced the economic response to the outbreak of COVID-19.

In other work, he has investigated the links between inequality and asset prices, finding that shocks that redistribute between workers and owners of firms are a central driver of long-horizon movements in stock prices, and that falling interest rates can account for most of the rise in financial wealth inequality since the 1980s.

Prior to joining NYU Stern, Greenwald was an Assistant Professor of Finance at the MIT Sloan School of Management.

Greenwald holds an AB in Economics from Harvard College and a PhD in Economics from New York University.

Academic Background

A.B., Economics
Harvard University

Ph.D., Economics
New York University