Philipp Schnabl is a financial economist specializing in corporate finance, financial intermediation, banking, risk management, securities, and valuation. Professor Schnabl has served as a visiting scholar at the New York Federal Reserve Board and as a consultant at the Commodity Futures Trading Commission. As an expert witness, he has experience testifying in arbitration matters and in depositions, including in the Delaware Court of Chancery.
Professor Schnabl publishes research in leading academic journals, including the Journal of Finance, the Journal of Financial Economics, the Review of Financial Studies, the Quarterly Journal of Economics, and the Review of Economic Studies. The Journal of Finance has honored him with four best paper prizes, a rare distinction in the field, for articles on corporate finance and asset pricing topics.
Professor Schnabl is a faculty research fellow in corporate finance at the National Bureau of Economic Research (NBER) and a research fellow at the Centre for Economic Policy Research (CEPR). He serves as a coeditor of the Journal of Financial Economics and was previously an associate editor at the Journal of Finance and the Review of Financial Studies.
At the NYU Stern School of Business, Professor Schnabl has taught corporate finance, financial intermediation, and empirical methods courses to undergraduate, M.B.A., and Ph.D. students for over fifteen years. Since 2018, he has also been the Sidney Homer Director at the NYU Salomon Center for the Study of Financial Institutions, a research center dedicated to supporting research on financial intermediation.
In addition, Professor Schnabl co-organizes the annual New York Federal Reserve Bank/NYU Stern Financial Intermediation Conference. He has held visiting scholar appointments at Columbia Business School.