Miguel Palacios

Owen Graduate School of Management, Vanderbilt University
Assistant Professor of Finance

Miguel Palacios is an Assistant Professor of Finance at the Owen Graduate School of Management, Vanderbilt University. His recent work focuses on the intersection of human capital and asset-pricing, studying the size and riskiness of human capital, and measuring the effect that human capital has on the riskiness of firms. Miguel has also worked on innovative instruments for financing education. On this subject he published Investing in Human Capital (Cambridge University Press, 2004) and co-founded Lumni Inc. Investing in Human Capital, endorsed by Robert Shiller as "...the authoritative work on the revolution that is under way to integrate human capital into our financial system", builds the case for using innovative financial instruments based on students' future earnings to finance education. Lumni is a practical implementation of the ideas presented in his book, currently financing students in Chile, Colombia, Mexico and the United States. Miguel holds a Ph.D. in Business Administration-finance-and an M.A. in Economics from the University of California, Berkeley, an M.B.A. from the Darden Business School, University of Virginia, and a B.S. in Mechanical Engineering from the Universidad de los Andes, Colombia.

Working Group

Markets (M)
Inequality: Measurement, Interpretation, and Policy (MIP)

Additional Information

Email: miguel.palacios@owen.vanderbilt.edu
Homepage: http://www2.owen.vanderbilt.edu/miguel.palacios/