Thomas M. Mertens

Academic Area: 

Research Interests

  • Finance
  • Macroeconomics
  • Asset Prices


Thomas M Mertens is a Senior Research Advisor in Economic Research at the Federal Reserve Bank of San Francisco where he joined in 2015. Thomas teaches at UC Berkeley’s Haas School of Business and at Stanford GSB.

Prior to joining the Federal Reserve, Thomas was on the faculty at NYU Stern and, during a one-year visit, the Wharton School.

Thomas’ research primarily focuses on the pricing of risk and its impact on the macroeconomy. He has published numerous articles in academic journals and contributed in book chapters to the policy discussion during the Great Recession.

Thomas received a Ph.D. and M.A. in Economics from Harvard University and an undergraduate degree in mathematics from the University of Bonn.

Academic Degrees

  • PhD, Economics, Harvard University, 2009
  • Diploma in Mathematics, University of Bonn, 2005

Academic Appointments

  • Lecturer in Management, Stanford GSB, 2019-present
  • Visiting Assistant Professor, Haas School of Business, 2016 - present
  • Assistant Professor of Finance, NYU Stern School of Business, 2009-2015
  • Visiting Assistant Professor of Finance, The Wharton School, University of Pennsylvania, 2013-2014

Professional Experience

  • Economic Research, Federal Reserve Bank of San Francisco, 2015 - present
  • Research Advisor, Federal Reserve Bank of San Francisco, 2017-2018

Awards and Honors

  • Research Grant, Center for Global Economy and Business, NYU Stern, 2011


Degree Courses


This course will develop and apply the basic tools and models of corporate finance to real-world corporate decisions. This course is designed to be the second course in the standard finance sequence; that is, it is designed to be the natural...