|Occupation||Robert W. Lear Professor of Finance and Economics|
|Employer||Finance and Economics Division at the Columbia Business School of Columbia University|
Professor Jones is the Robert W. Lear Professor of Finance and Economics, Finance and Economics Division at the Columbia Business School of Columbia University.
Jones' research focuses broadly on transaction costs, frictions, and market liquidity. He is noted for his research on short sales, and has recently published articles in finance and economics journals on short selling, minimum price increments in the stock markets, and transaction costs.
He is studying the evolution of transaction costs over the past 100 years, restrictions on short sales imposed in the 1930's, and why venture capital valuations are so low. In 2000, he was awarded the Singhvi Prize for scholarship in the classroom.
Jones received a S.B. in Finance from the Massachusetts Institute of Technology, and Ph.D. in Mathematics from the University of Michigan School of Business Administration.
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